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Congresswoman Nita Lowey Calls on Federal Government to Support Job Creation
U.S. Congresswoman Nita Lowey was in Tarrytown today where she called on the Senate to immediately approve the Jobs For Main Street Act, which was passed by the House of Representatives in December. The legislation would invest 75 billion dollars in savings from the Troubled Assets Relief Program (TARP) for such things as job training, infrastructure investments, and helping local governments preserve jobs such as teachers and police officers.
Lowey visited Regeneron Pharmaceuticals in Tarrytown, calling it an example of the type of growth that Hudson Valley businesses need. Since 2008, Regeneron has increased its workforce by 55% and plans another 40% increase by year's end.
The Democratic Congresswoman says Congress must approve tax credits for jobs and wage increases, incentives for investment in new equipment and facilities, and increses in federal loan guarantees to help small businesses expand.
Around the Country
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Around the Planet
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