Lack of Fed Jobs Bill will impact New York
Written by Written by Rob Lillpopp on June 28, 2010 – 6:29 am

The New York Times points out how many states will be affected if Congress fails to pass some version of a jobs bill.

“Financially struggling states, already facing record budget shortfalls, are now confronting the possibility of losing out on billions of dollars in federal aid that they had been counting on, if Congress does not revive a jobs bill that stalled in the Senate this week.

The result, governors and state budget officers are warning, could be hundreds of thousands of layoffs at the state and local levels, as well as draconian spending cuts…

At issue is money from the federal government to help states foot the bill for Medicaid, the health care program for the poor, which had been part of last year’s federal stimulus package.”

To read more click here.

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