The American Jobs Act (the Act) put forth by President Obama calls for increased infrastructure spending in an attempt to lift economic growth across the U.S. With North Carolina facing an unemployment rate of 10.4 percent, far above the national average, there is a vital need for bold, effective job creation efforts to kick-start the state’s flagging recovery.
Even as the jobs crisis continues, there is an urgent need to improve our nation’s public infrastructure. The Act would invest $30 billion for modernization and renovation of public schools and community colleges and $50 billion to repair the nation’s crumbling roads, bridges, airports, and railways. The Act would be funded as a part of the President’s long-term deficit reduction plan. Read More