Last week, the Senate finally passed the $26 billion package to aid states that are still reeling from the effects of the recession.  The legislation provides $10 billion to retain teachers who might otherwise lose jobs to cutbacks, and an additional $16 billion to help states with rising health care costs.  The bill was quickly passed by the House and signed by President Obama.

Of that amount, North Carolina received about $300 million to save teachers’ jobs.  North Carolina leaders are now figuring out when and how to use the money.  Obviously, one possibility would be to use some of the funds to re-hire teachers and teaching assistants who were recently laid off due to budget cuts.  Also, some amount may be saved till next year, when the state’s deficit will reach its highest level.

Categories: Legislative Action Tags: Budget, Congress, Jobs, Labor and Employment, North Carolina, President Obama, Teacher Assistants, Teachers

Senate Republicans (with the help of one Democrat, Ben Nelson) have continued their filibuster of the Democrats’ jobs bill, mustering the 41 votes needed on Thursday to prevent the bill from passage.  Republican obstructionism will ultimately spell the end of extended unemployment benefits for millions, even as the economy is nowhere near creating significant job growth.

On top of that, failure to pass the bills means states will not receive the much-needed $23 billion to pay for sharply rising Medicaid costs.  (The great recession has swelled the ranks of those eligible for health insurance through Medicaid.)  Without this money, states will be forced to impose even greater cut backs, which will mean lost jobs for teachers and other state employees.

Republicans say they oppose the bill on the grounds that it raises the deficit, but what they really oppose are the small tax increases (such as one on hedge fund managers) that would be used to pay for the bill.  Disappointingly, the NY Times notes that the “Obama administration has not fought aggressively for the legislation.”  It appears the President is not focusing on jobs, which should be his highest priority.

Categories: Legislative Action Tags: Congress, Health Insurance, Jobs, Labor and Employment, Medicaid, President Obama, State Employees, Teachers, Unemployment Benefits, Unemployment Extension

On March 18, President Obama signed the Hiring Incentives to Restore Employment (HIRE) Act (H.R. 2847, summary here), a $38 billion jobs bill comprised of several tax breaks and spending provisions to encourage employers to start hiring again.  The bill includes a one-year extension of the federal highway program, an extension of the Build America Bonds program that helps states finance certain infrastructure projects, and various tax breaks for hiring and retaining previously unemployed workers.

Categories: Legislative Action Tags: HIRE Act, Jobs, Labor and Employment, President Obama