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Unformatted text preview: set up a Job Corps for them. Amidst implementing his economic blueprint, Obama has set out to develop the American Jobs Act by extending the payroll tax cut and unemployment benefits. He plans to enact tax policies that will extend tax cuts to everyone making less than $250,000 per year and lower taxes for companies that hire domestically in order to bring manufacturing back to America. Obama also delineated improvements he would make in the areas of education and housing. For 2012, he plans to train two million citizens that are structurally unemployed, make college financing more feasible via tuition tax credits and work-study jobs, and develop a refinancing program for mortgage holders. Other issues Obama discussed include enforcing equal pay for women, cracking down on illegal immigration, and increasing sources of American made energy. The comprehensive goal of Obama’s plan appeared to be achieving an optimal level of social and income equality....
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- Spring '12
- President Barack Obama