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American Jobs and Closing Tax Loopholes Act
Posted By Jim On 05/25/2010 @ 2:57 pm In NEWS | 18 Comments
The Senate Finance Committee and the House Ways and Means Committee have released the legislative text of the American Jobs and Closing Tax Loopholes Act  that, among other things, introduces tax cuts, expands career training, and extends eligibility for unemployment benefits. As noted by Arthur Delaney at the Huffington Post, this bill will not bring relief  those who have exhausted their 99 weeks of unemployment benefits.
What’s in this bill that will affect you (as opposed to businesses)?
If you’re curious about the other provisions in the bill, the ones that don’t directly affect us (many of which pay for the tax break extensions), the Washington Post has a good summary .
(Photo: laurapadgett )
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 American Jobs and Closing Tax Loopholes Act: http://waysandmeans.house.gov/press/PRArticle.aspx?NewsID=11185
 bill will not bring relief: http://www.huffingtonpost.com/2010/05/24/long-term-unemployment-no_n_587119.html
 Extended Unemployment Compensation: http://www.ows.doleta.gov/unemploy/pdf/euc08.pdf
 Washington Post has a good summary: http://www.washingtonpost.com/wp-dyn/content/article/2010/05/24/AR2010052403585.html
 laurapadgett: http://www.flickr.com/photos/laurapadgett/2987300523/sizes/m/
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