Snap-O Fact #66

Post date: Jan 10, 2012 3:16:32 PM

Snap-O Fact #66

President Obama signed the omnibus "Jobs for Main Street Act" to increase employment!

On Feb 24, 2010, President Obama signed the 'Jobs for Main Street Act" in order to provide both emergency and non-emergency funding to states to increase employment. This legislation focuses on funding for six main areas: 

President Obama signed omnibus "Jobs for Main Street Act" to increase employment!

1) Medicaid and other Health Provisions 

2) Transportation to invest in highway infrastructure, public

     transportation, and airport improvement 

3) Energy and Water including $2 billion for the Innovative

     Technology Loan Guarantee Program 

4) Education to increase school renovation grants 

5) Housing including $1 billion for the National Housing Trust

     Fund and $1 billion for the Public Housing Capital Fund 

6) Labor and Workforce to expand summer youth program,

     loan for small business, grants for job training, and

     unemployment benefits.