Today, a bipartisan bill (H.R. 1195) to help promote 40,000 good-paying American jobs in transportation and construction was signed into law. This law will make changes to remedy problems that kept critical local transportation projects on hold. Since January, America has suffered job losses for four consecutive months.
Included in this bill is an important provision introduced by Congresswoman Hilda L. Solis (CA-32) that will allow the City of Azusa to use $2 million secured in SAFETEA-Lu (Public Law 109-59) for the study and construction of access to an intermodal facility.
"The president's signature on this bill is welcome news to the City of Azusa and other communities in the San Gabriel Valley, given that we are facing the highest unemployment rates of 5.5%, in more than 20 years," said Congresswoman Solis. "Each $1 billion of Federal infrastructure investment creates or sustains at least 35,000 family-wage jobs. This bill is an example of how the New Direction Congress has fought to put the country on a path to create more good-paying jobs here at home and repair and modernize the infrastructure that will make our economy strong for years to come and I am proud it will directly benefit the City of Azusa."
The new law comes at a time when American families are struggling with the rising prices of gas, groceries, college tuition, and health care. In January, Congress worked quickly to jumpstart the American economy, approving $107 billion in Recovery Rebates that have already have been delivered to 57 million households across America and will go to 75 million more in the coming weeks. We have also enacted legislation that guarantees the largest college aid expansion in almost 60 years, provides low-income families with uninterrupted access to student loans during this credit crunch and that will ease the strain of rising food prices for millions of Americans.
We are continuing to fuel economic recovery by finalizing legislation to help families avoid foreclosure or keep value in their homes. We are still working toward a new bipartisan GI Bill that will provide a full four-year college education to returning service members and strengthen the middle class, just as we did following World War II. We are also taking action on the challenge that every American family and business is feeling most acutely- record prices at the gas pump.