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State and local governments may be winners under the jobs plan President Obama is set to announce before a joint session of Congress on Thursday (September 7), according to media reports.

The plan, which is now reported to come with a price tag of $300 billion, will focus significantly on tax cuts, an extension of government benefits for the unemployed, and economic development initiatives — including, as Stateline reported last week, a version of a popular Georgia program that places job seekers into training positions with employers who are hiring. But the plan also is expected to include direct aid to state and local governments, which have contributed to the nation's 9.1-percent unemployment rate by laying off thousands of public workers of their own.

To read the full, original article click on this link: Will Obama jobs plan include aid to states?

Author: John Gramlich