{Political_Views} News from The Hill: Senate Dems will hold vote Friday on $35B jobs bill

Senate Democrats will hold vote Friday on $35 billion jobs bill

By Alexander Bolton - 10/19/11 03:07 PM ET

Senate Majority Leader Harry Reid (D-Nev.) said he will schedule a vote to proceed to a $35 billion jobs bill on Friday.

The $35 billion measure would direct federal funds to states to prevent layoffs of teachers, police officers and firefighters.

"We're going to make sure there's a vote on our bill this week," Reid said.  

Democrats estimate the legislation will save or create 400,000 jobs. Most of the funding, $30 billion, would go to teachers. First responders would get $5 billion.

It would be paid for by a 0.5 percent tax increase on income over $1 million.

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