States could get $100 billion from Obama jobs plan
Although no firm figures have been released, information from the White House indicates states could receive $100 billion or more from the $447-billion job creation plan announced by President Barack Obama Thursday night, John Gramlich reports at Stateline.org.
Included in that estimate is $18 billion in direct aid to states for school modernization and construction; $50 million for road, rail and other infrastructure projects typically carried out by states; and $35 billion to help avert teacher and police layoffs–money that in the past has been funneled through the states.
Obama also called on states to be partners in his jobs effort by making innovative use of unemployment funds, supporting companies that create jobs and helping the unemployed start their own businesses.
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