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Tag: Jobs
Senate Blocks Infrastructure Bank Proposal
The Senate dealt the Obama Administration’s job package another blow on November 3 by refusing to consider the Rebuild America Jobs Act, a$60 billion measure to build and repair infrastructure and create an infrastructure bank to leverage private and public capital for long-term projects. The 51-to-49 vote fell short of the 60 needed to proceed to a debate and vote. All Republican senators, as well as Democrats Ben Nelson (NE) and Joe Lieberman (CT) opposed the bill. The concept of an infrastructure bank has been around for some time. As described in the January 2009 Congressional Digest on “Infrastructure Financing,”…
Update on 2010 Legislative Topics
Congressional Digest covered 10 important domestic issues in 2010, from consumer financial protection to child nutrition. Some of those topics – such as Don’t Ask, Don’t Tell and the DREAM Act immigration bill – are still being hotly debated during the final days of the session. Here’s an update on all these issues as the 111th Conngress winds down.