Experts: Stalled jobs bill could have helped unemployed LIers

President Barack Obama has vowed to break down his massive $447 billion jobs bill into smaller ones after the measure stalled in the U.S. Senate

WOODBURY - President Barack Obama has vowed to break down his massive $447 billion jobs bill into smaller ones after the measure stalled in the U.S. Senate last night when Democrats failed to get the 60 votes needed to proceed. Experts say if the bill were to pass, it could have helped some of the 100,000 Long Islanders who are currently unemployed. The American Jobs Act would have given tax breaks to companies that hire veterans and people who are already out of work. It also would have pumped money into infrastructure projects to rebuild roads and schools. "The jobs deal that was defeated would have helped Long Island to some extent, but it wouldn't have solved the problem," says economist Dr. Pearl Kamer.According to Kamer, the bill doesn't go far enough.Senate Republicans blocked the bill, saying it was more stimulus-style spending that didn't work the first time around. In addition, it included a tax surcharge on the very wealthy.

advertisement | advertise on News 12

Top 5 Must See

Authorities say swastikas were found Friday night at 1 Swastikas found at Nassau Community College for 5th time since October
2 Long Island Sportscast, Dec. 9
Police say an Uber driver was attacked after 3 Uber driver attacked in Bethpage over Thanksgiving weekend
Although he won't take office for a few 4 Suozzi urges fellow Democrats to 'find religion'
Suffolk police say a body was found behind 5 Police: Body found behind auto parts store

advertisement | advertise on News 12

Features

Need help this holiday season? We've got you Holiday Help Series

Need a gift idea? Perhaps you need a fun idea to do with the kids?

Each week a different shelter visits News 12 Dog Day Fridays Series

Each week a different shelter visits News 12 Long Island with pets up for adoption.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE