President's Jobs Plan Fails in the Senate

Will likely have to repackage tax cuts, business incentives and infrastructure proposal

October 14, 2011

Associated General Contractors of America (AGC)

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On Tuesday, the Senate voted 50-49 to block the president’s $447 billion jobs plan from being considered on the Senate Floor. The House has no intention of considering the president’s plan as a whole.

The vote, which needed the support of 60 Senators to pass, is a clear indication that the president will have to repackage his proposal or it may even be broken up into separate parts consisting of tax cuts, incentives for businesses to hire and invest, and infrastructure funding. AGC will continue to monitor the progress of components of the president’s job plan and advocate for proposals that benefit the construction industry.

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