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Politics : THE VAST RIGHT WING CONSPIRACY -- Ignore unavailable to you. Want to Upgrade?

To: calgal who wrote (5015)	12/29/2003 10:31:27 PM
From: calgal	Read Replies (1) \| Respond to of 6358

Dean Proposes $100 Billion for 1 Million Jobs Monday, December 29, 2003 URL:http://www.foxnews.com/story/0,2933,106868,00.html LANSING, Mich. — Democratic presidential candidate Howard Dean (search) wants to improve the nation's cities by putting $100 billion toward creating a million jobs, increasing the federal minimum wage to $7 an hour, and providing credit for urban businesses. The former Vermont governor planned to unveil his Initiative to Strengthen the Nation's Cities (search) during a Monday afternoon campaign stop in downtown Detroit. In an advance copy of the plan obtained by The Associated Press, Dean said he would help put people back to work by creating a $100 billion Fund to Restore America (search) aimed at adding at least a million jobs in the first two years it's in place. Cities and regions would use these funds to create jobs in education, health care, homeland security and other critical areas. The fund also would support local programs that help create, promote and retain good jobs and train workers in disadvantaged communities. Dean said he also wants to protect worker overtime pay and create a Small Business Capital Corporation (search) to invest $1 billion in new loans aimed at creating 100,000 new small-business jobs in the first three years. His plan would set up a national fund to provide a permanent source of funding to build, rehabilitate and preserve affordable housing for low- and moderate-income families, and double the amount for the Community Development Block Grant program (search) to $10 billion. Dean said his plan is needed because President Bush's policies have weakened American cities. "Families in America's metro areas face a high cost of living," Dean says in a news release. "If they're working hard and playing by the rules, they shouldn't have to struggle so hard to make ends meet. That's why my initiative is aimed at creating jobs, promoting investment in small business, boosting wages and helping families afford housing. "We cannot afford to waste four more years under an administration that ignores the potential as well as the problems of our cities," he said. Other Democratic presidential candidates have promoted policies for strengthening cities and regaining lost jobs. Rep. Dick Gephardt (search) of Missouri has presented a plan for revitalizing jobs, especially those in urban areas. It would double the percentage of government contracts aimed at small, disadvantaged businesses. Gephardt also has outlined initiatives that would attract private capital to low-income areas and increase federal small-business loans for start up companies by $1 billion. Sen. John Kerry (search) of Massachusetts has pledged to regain 3 million manufacturing jobs lost under Bush and to give industry a boost through tax breaks and tougher trade policies.