President Obama just unveiled the American Jobs Act, an ambitious plan to create jobs across the country and put more money in the pockets of American workers and businesses – all without adding a dime to the deficit.
The President’s jobs plan, specifically crafted to garner quick bipartisan support, also promises to dramatically accelerate the pace of American innovation and the success of U.S. entrepreneurs, who have historically been responsible for virtually all new job growth across the country. Here are five highlights:
The President’s jobs plan includes plenty of other important initiatives to fuel innovation and entrepreneurship, including $1 billion to support NextGen air traffic modernization, a new National Infrastructure Bank, and skills-based training for low-income youth and adults to help them enter the innovation economy. It will put Americans back to work in the near term, while further strengthening our long-term foundation for growth. We believe Congress should come together in response to the President’s call to action, and “Pass this bill right away.”
Aneesh Chopra is U.S. Chief Technology Officer
Tom Kalil is Deputy Director for Policy at OSTP