Sunday, September 18, 2011

American Jobs Act :: Impact on Arkansas

Easing congestion, enhancing competitiveness, employing construction workers; 11th Street Bridge demonstrates benefits of American Jobs Act

Written by: Ray LaHood
DSC00028Last Friday, with Washington, DC, mayor Vincent Gray, I visited a construction site where 380 workers are on the job. What are the workers on the 11th Street Bridge project doing?  They're replacing two existing bridges with three new bridges and improving interchanges for local and freeway traffic.

By 2030, these bridges are expected to serve nearly 180,000 cars, trucks, and buses every day.

Thanks to $189 million from the Federal Highway Administration, this project will relieve congestion on a crucial artery and boost the region's ability to move people and products when it is completed in 2013.  For the 380 workers building the new bridges and interchanges, the project is putting them on the job site right now.

American Jobs Act :: Impact on Idaho

American Jobs Act :: Impact on New Mexico

How Government Regulations Spur Innovation and Create Jobs

“The idea that we have to destroy the environment and kill workers to have a healthy economy must be put to rest,” said Negah Mouzoon, researcher with Public Citizen’s Congress Watch division and a co-author of the report. “The untold story is that regulations are catalysts of technical innovations and economic development.”
When federal agencies implement rules for efficiency, worker safety, or public health and welfare, companies need to reformulate their products and services to comply.
And so begins good ol’ American competition.

American Jobs Act :: Impact on Nevada

American Jobs Act :: Impact on Utah

American Jobs Act :: Impact on Kansas

Obama Administration Goes After Tax Cheats - Brings in $500 million

WASHINGTON -- About 12,000 tax cheats have come clean under a program that offered reduced penalties and no jail time to people who voluntarily disclosed assets they were hiding overseas, the Internal Revenue Service announced Thursday.

Those people have so far paid $500 million in back taxes and interest. IRS Commissioner Doug Shulman said he expects the cases to yield substantially more money from penalties that have yet to be paid.

The voluntary disclosure program, which ran from February to September, is part of a larger effort by the IRS to crack down on tax dodgers who hide assets in overseas accounts. The IRS has opened new enforcement offices overseas, beefed up staffing and expanded cooperation with foreign governments. A similar disclosure program in 2009 has so far netted $2.2 billion in back taxes, penalties and fines, from people with accounts in 140 countries, Shulman said.

American Jobs Act :: Impact on Mississippi

American Jobs Act :: Impact on Conneticut

American Jobs Act :: Impact on Nebraska

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