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Last month, the House passed the
Jobs for Main Street Act and
Statutory Pay-As-You-Go Act as amendments to the
Senate-passed FY 2010 Commerce-Justice-Science appropriations
bill (H.R.
2847). (The final version of the Commerce-Justice-Science
spending legislation, which was part of the FY 2010 omnibus
appropriations package, did not contain the jobs and PAYGO
provisions.) The Jobs for Main Street Act calls for
redirecting $75 billion from
the
Troubled Asset Relief Program (TARP)
to fund infrastructure projects, help states support education
and law enforcement jobs, and provide for a six-month
extension of unemployment benefits, among other spending
initiatives.
Hoyer acknowledged that working with the Senate will be
essential to accomplishing these goals since the House has
already passed a jobs package and PAYGO language.
"Creating jobs is priority number one," the majority leader
remarked. "At the same time, however, we must deal effectively
with our exploding debt."
When asked about the Democrats' plan for dealing with the
Bush-era tax cuts set to expire at year's end, Hoyer responded
that his caucus is committed to extending the tax breaks for
middle-income families. Democrats also will push for final
passage of financial regulatory reform legislation, he said.
Speaking on the prospect of passing a
health care reform bill in one form or another this year,
Hoyer said
that Democratic leaders are gathering feedback from their
members and examining the messages sent by voters in
Massachusetts.
"This year,
we will also work hard to enact legislation to build our
energy independence and create clean-energy jobs," Hoyer
added.
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