Las Vegas Sun

April 24, 2014

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Guest column:

Jobs Act to lift Nevada

Earlier this month, President Barack Obama sent to Congress the American Jobs Act, legislation that will cut taxes for Nevada’s middle class, help small businesses hire more workers, and put more teachers, first responders, construction workers, and veterans back to work. The recent announcement of Nevada’s unemployment numbers again rising last month and the fact that Nevada continues to suffer from the highest unemployment in the country mean that inaction is simply unacceptable.

The American Jobs Act will immediately get people back to work. As soon as Congress passes it, small businesses will be able to hire more employees and Nevada families will keep more of what they earn. Specifically, in Nevada 50,000 firms will receive a payroll tax cut under the legislation. The president’s plan will also cut taxes for middle-class families by cutting workers’ payroll taxes in half next year. A typical household in Nevada, with a median income of about $51,000, will receive a tax cut of about $1,580.

The president is proposing to invest $35 billion to prevent teacher layoffs, while supporting the hiring of tens of thousands more and keeping cops and firefighters on the job. The legislation will provide $258 million in funds to Nevada and municipal governments to prevent and reverse teacher and first-responder layoffs.

Under the American Jobs Act, Nevada could receive $585 million to revitalize and refurbish local communities, in addition to funds that would be available through a competitive application. This is part of a national effort to put construction workers on the job while rehabilitating and refurbishing hundreds of thousands of vacant and foreclosed homes and businesses.

Drawing on the ideas of Republicans and Democrats, the president is proposing the most sweeping reforms to the unemployment insurance system in 40 years. This could help put the 88,000 long-term unemployed workers in Nevada back to work. Alongside these reforms, the president is reiterating his call to extend unemployment insurance.

The extension of unemployment insurance will benefit 1.1 million Hispanics nationally and their families while providing targeted support for the long-term unemployed ­— including the nearly 1 million Hispanics who have been out of work for six months or more — find a job.

This is especially important for the Hispanic community since it will account for 65 percent of the U.S. population growth over the next 40 years. America’s economic success and the economic success of the middle class is largely dependent on Hispanics’ success. An estimated 25 million Hispanic workers will benefit from the extension of the payroll tax cut. By extending the payroll tax cut next year, the president’s plan will help increase the paychecks of 25 million Hispanic workers — providing them with more money to spend in their communities and support their families.

Besides creating jobs and helping to turn Nevada’s economy around, the American Jobs Act is fully paid for by ending taxpayer giveaways to big oil and tax breaks for corporations that ship American jobs overseas while asking the wealthiest of Americans to pay their fair share.

In contrast to President Obama’s comprehensive approach to cutting taxes for the middle class and small businesses while creating jobs right now, Washington Republicans have taken their eye off the ball and are focused not on job-creation but on killing Medicare by turning it over to private insurance companies to pay for taxpayer giveaways to the special interests that bankroll their campaigns.

Republicans in Washington and those running for president are rejecting bipartisanship and pretending that more handouts to big corporations and the wealthiest will grow the economy. The American people aren’t buying it. The Republican budget plan, in addition to killing Medicare, takes a meat ax to Social Security and destroys nearly a million American jobs, all while repealing the protections put in place to prevent another financial crisis.

Republicans should abandon their reckless agenda and reject the same failed policies that got us into this mess and join Democrats in passing this bill. The American Jobs Act is what the American people want: common sense, not controversy. Too many Nevadans have been out of work for too long for Washington politicians to waste time playing partisan games. Congress should pass this bill immediately.

Moises “Mo” Denis is a state senator and the assistant majority whip. He represents Clark County District 2.

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  1. This letter skirts some real issues: addressing HOW America got into this economic mess, and outright government discrimination in lawmaking.

    Now, IF our AMERICAN BORDERS were appropriately and consistently ENFORCED, we would NOT be catering to millions of "Hispanics." What this Jobs Act ammounts to, is catering to the Hispanic people for political support. Many in that community are here ILLEGALLY or harboring illegal immigrants! American lawmaking and policies need to be color blind---ALL AMERICAN citizens should benefit from this law/policy, not have the policy/law target a few.

    Mo Denis points to the JOBS ACT catering specifically towards Hispanics, "economic success of the middle class is largely dependent on Hispanics' success. An estimated 25 million Hispanic workers will benefit from the extension of the payroll tax cut. By extending the payroll tax cut next year, the president's plan will help increase the paychecks of 25 million Hispanic workers -- providing them with more money to spend in their communities and support their families."

    America was successful when we supported legal immigration. My Grandparents came here legally and became US Citzens, with NO help from the government. I expect others looking to live and be a real citizen here in the USA, do so LEGALLY, otherwise, they are criminals here ILLEGALLY and need to be deported! Our AMERICAN economic structure cannot afford to provide a nice lifestyle for those who are criminally here! This is what is WRONG with the JOBS ACT.

    So what Mo Denis has written today, is basically a "Public Service Advertisement" encouraging the JOBS ACT and getting that Hispanic vote. We "get" it. NOT "liking" it.

  2. It looked more like the jobs act totally screws with peoples' retirement in the Social Security system, the retirement of last resort and only one option for many low income workers and favors jobs for union and public sector employees. Throw more gas on the fire? What a plan! These workers will be lucky when Obama gets thrown out of office and the SS system gets back to normal. Spending money for retirement now instead of saving it for later when you will have no income it is a very close parallel to borrowing money on your house and buying a car or vacation because you don't have the money saved, it is very bad idea. We all know how the house deal worked.

  3. The people who took the jobs away are on the executives that work for and on Wall Street, in the Mortgage companies, the banks, insurance companies.

    The Hispanics DIDN'T invent credit default swaps nor authorize the 'reset mortgage payment' that jumped 2x and 3x the original monthly payment. The crooks ARE the 'pillars of the community' and many of them attend church regularly.

    The Hispanics didn't start the Iraq War for which 100% of the justifications given by Pastor Bush were false. The atomic bomb project of Saddam was knowlingly fabricated to create fear and war. Trillions spent on a destructive, useless war that added $5 Trillion to the National debt and now we blame the illegals?

    Never was there a Republican complaining about the spending when they had the checkbook, right?

    Eight years of prayers from George W. Bush and prayers with the daily Pentagon War Report, but the only prayers answered seem to be those of bin Laden.

    Allahu Akbar Mr. Christian - you'll never solve your problems by crucifying the innocent.