Obama says jobs bill won't be enough - KAIT Jonesboro, AR - Region 8 News, weather, sports

Obama says jobs bill won't be enough

WASHINGTON (AP) - There's still a lot more to be done. That's the assessment of President Barack Obama as he signed a jobs measure today that includes a package of tax breaks aimed at encouring the private sector to start hiring again.

It's the first of several job-related measures promised by Democrats in this election year. Obama said the legislation will help the private sector start hiring again. It includes about $18 billion in tax breaks and $20 billion into highway and transit programs.

There's plenty of skepticism that the new law will do much to actually create jobs. Optimistic estimates predict the tax break could generate perhaps 250,000 jobs through the end of the year, but that would be just a sliver of the 8.4 million jobs lost since the start of the recession.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Three men and a puppy win $10,000

    ****COPY-STORY TEMPLATE-****COPY****-DO NOT DELETE OR EDIT****

    Tuesday, February 20 2018 4:06 PM EST2018-02-20 21:06:27 GMT
    Tuesday, February 20 2018 4:10 PM EST2018-02-20 21:10:40 GMT
    Terry, Zackery, and Trever Head won $10,000 playing a ticket they bought at Huck's in Poplar Bluff. (Source: Missouri Lottery)Terry, Zackery, and Trever Head won $10,000 playing a ticket they bought at Huck's in Poplar Bluff. (Source: Missouri Lottery)

    Three men and their dog went into a Poplar Bluff store recently and walked away $10,000 richer.

    Three men and their dog went into a Poplar Bluff store recently and walked away $10,000 richer.

  • Rifle raffle nixed at Batesville school

    Rifle raffle nixed at Batesville school

    Tuesday, February 20 2018 1:20 PM EST2018-02-20 18:20:59 GMT
    Tuesday, February 20 2018 2:29 PM EST2018-02-20 19:29:06 GMT
    (Source: KAIT)(Source: KAIT)

    Officials have pulled the plug on a raffle for an AR-15 at a local high school.

    Officials have pulled the plug on a raffle for an AR-15 at a local high school.

  • School board member arrested for computer fraud

    School board member arrested for computer fraud

    Tuesday, February 20 2018 12:13 PM EST2018-02-20 17:13:00 GMT
    Tuesday, February 20 2018 12:37 PM EST2018-02-20 17:37:51 GMT
    Charles Russell Lane was arrested Friday in Mississippi County on an out-of-state warrant. (Source: Mississippi Co Sheriff's Office via Vinelink)Charles Russell Lane was arrested Friday in Mississippi County on an out-of-state warrant. (Source: Mississippi Co Sheriff's Office via Vinelink)

    A Mississippi County school board member faces fraud charges in Mississippi state.

    A Mississippi County school board member faces fraud charges in Mississippi state.

Powered by Frankly