Mr. SIRES. Madam Speaker, the President has offered a clear path forward to put the country back to work, help small business succeed and hire, provide tax relief for our workers, and rebuild America.
The American Jobs Act will provide an immediate boost to our economy through job creation and tax relief for American workers and businesses. Specifically, this plan will prevent teacher layoffs and keep firefighters and police officers on the job.
It will support the modernization of at least 35,000 public schools across the country to ensure that every student has access to a 21st century education. This plan will create even more jobs by investing in America's crumbling infrastructure by rebuilding our roads, rebuilding our railways, and rebuilding our airports.
Finally, the American Jobs Act will cut payroll taxes in half for at least 160 million workers next year, allow more Americans to refinance their homes at today's near 4 percent interest rates, and provide incentives for employers to hire long-term unemployed workers.
Madam Speaker, Americans across this country are counting on this Congress to swiftly act to create jobs and rebuild our economy.