Democrats in Senate put bigger jobs plan in hopper

Senate Democrats unveiled their own jobs plan, to be financed by scaling back next July's income tax cut for people earning over $50,000 a year and eliminating it for those above $65,000.

Senate Democratic leader Robert Byrd, of West Virginia, said their plan would cost $9.7 billion in 1983 and $17.9 billion over three years. He said the plan would create 650,000 jobs in 1983, or double the administration's proposal, which passed the House early Tuesday along with a 5-cent-a-gallon gasoline tax to finance it.

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK