KKTV - Economy - Headlines

Job Creation Promised In Stimulus Plan

Updated: Wed 11:10 PM, Feb 04, 2009

Can it be done by Friday? The national economy is in the spotlight as the senate continues work on a stimulus package, which the White House reports, will have an immediate impact in Colorado. Job creation is at the top of Colorado’s list.

A pushing match of words is underway in Washington D.C. as lawmakers work against a demanding economy and added pressure from the top.

"Millions more jobs will be lost. More businesses will be shuttered. More dreams will be deferred," said President Barack Obama Wednesday.

Wednesday, the White House released state by state rundown of anticipated benefits.

For Colorado, 63,000 jobs would be created or saved, mostly in the private sector, ranging from health care to clean energy, following the lead of projects underway in southern Colorado.

"We know that Colorado’s in places like Windsor, Pueblo and Grand Junction know that green jobs aren't a promise for tomorrow, they are putting people to work today," said Keith Hay of the group Environment Colorado, during a recent interview.

The estimate also promised, a $1,000 payroll tax cut, increased unemployment benefits, and a tax credit aimed at making college more affordable.

"This isn't monopoly money mister president, this is real money, money taxpayers will have to pay back at some point," said Sen. Mitch McConnell, (R) Kentucky, Wednesday.

Some republicans say the stimulus package price tag, now nearing $1Trillion, is way too high.

"When you see many of the provisions in this quote stimulus bill, they have nothing to do with stimulus and they have everything to do with spending," Sen. John McCain
(R) Arizona.


KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.

If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.

powered by Disqus

Live Traffic Conditions


Follow Me on Pinterest

KKTV Latest Blogs

Resolution FAQ - (Stacia Naquin)

Updated: 05/14/2013 - I'm still focused on meeting my goal of doing a pull-up. And I'm almost there! But I'm always getting this question:

FIT LIFE: You're Never Too Old - (Stacia Naquin)

Updated: 04/09/2013 - Admittedly, there are days that I just don’t feel like working out. But then I met Viola. And if she can make working out a priority at 99, then none of us have any excuses! Here's how she's living a FIT LIFE:

More KKTV Latest Blogs

KKTV 3100 North Nevada Colorado Springs, CO 80907 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 39124427