Slaughter Votes To Keep Jobs In AmericaAugust 10, 2010 Congresswoman Louise Slaughter (NY-28) hailed vital legislation that will close corporate loopholes that protect companies that ship jobs overseas and will use those savings to preserve teaching jobs across the country and provide New York with critical funds to pay for Medicaid services.
The Education Jobs and Medicaid Assistance Act, H.R. 1586, passed the Senate late last week forcing House approval. By closing these loopholes, it raises $9.8 billion, money that will be redirected to keep teachers in the classroom.
In addition to saving teaching jobs, the legislation provides $16.1 billion in assistance to the states that, by reducing shortfalls and stimulating the economy, will save and create 158,000 jobs, including preventing the layoffs of police officers and firefighters, as well as creating private-sector jobs throughout our economy. New York is set to benefit from a portion of the bill that would provide vital health assistance to states keeping Medicaid and children’s health care programs from going bankrupt. New York is set to receive approximately $2 billion in Federal Medical Assistance Percentage (FMAP) funding, money Governor Paterson has asked for repeatedly.
As Chairwoman of the Rules Committee, it was Slaughter who took charge of the legislation so it could come to the House floor. The Education Jobs and Medicaid Assistance Act passed the House by a vote of 247 to 161. The legislation was sent to President Obama, who signed it into law the same day. What’s in the Education Jobs and Medicaid Assistance Act for Western New York?
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