You have to know if the American Jobs Act was passed when it was first written there would not be an increase in home foreclosures now. More people would have transitioned differently and/or found work so they would still be owning their homes.
Subtitle C – Pathways Back to Work
Sec. 361. Short Title
This subtitle may be cited as the “Pathways Back to Work Act of 2011”.
Sec. 362. Establishment of Pathways Back To Work Fund
(a) ESTABLISHMENT.—There is established in the Treasury of the United States a fund which shall be known as the Pathways Back to Work Fund (hereafter in this Act referred to as “the Fund”.)
(b) DEPOSITS INTO THE FUND. —Out of any amounts in the Treasury of the United States not otherwise appropriated, there are appropriated $5,000,000,000 for payment to the Fund to be used by the Secretary of Labor to carry out this Act.
Sec. 363. Availability of Funds
Sec. 364. Subsidized Employment for Unemployed, Low-Income Adults
(a) IN GENERAL.—
(1) ALLOTMENTS.—From the funds available under section 363(a)(1), the Secretary of Labor shall make an allotment under subsection (b) to each State that has a State plan approved under subsection (c) and to each outlying area and Native American grantee under section 166 of the Workforce Investment Act of 1998 that meets the requirements of this section, for the purpose of providing subsidized employment opportunities to unemployed, low-income adults.
Sec. 365. Summer Employment and Year-Round Employment Opportunities For Low-Income Youth
(a) IN GENERAL.—From the funds available under section 363(a)(2), the Secretary of Labor shall make an allotment under subsection (c) to each State that has a State plan modification (or other form of request for funds specified in guidance under subsection (b)) approved under subsection (d) and to each outlying area and Native American grantee under section 166 of the Workforce Investment Act of 1998 that meets the requirements of this section, for the purpose of providing summer employment and year-round employment opportunities to low-income youth.
Sec. 366. Work-Based Employment Strategies of Demonstrated Effectiveness
(1) on-the-job training, registered apprenticeship programs, or other programs that combine work with skills development;
(2) sector-based training programs that have been designed to meet the specific requirements of an employer or group of employers in that sector and where employers are committed to hiring individuals upon successful completion of the training;
(3) training that supports an industry sector or an employer-based or labor-management committee industry partnership which includes a significant work-experience component;
(4) acquisition of industry-recognized credentials in a field identified by the State or local workforce investment area as a growth sector or demand industry in which there are likely to be significant job opportunities in the short-term;
(5) connections to immediate work opportunities, including subsidized employment opportunities, or summer employment opportunities for youth, that includes concurrent skills training and other supports.
(6) career academies that provide students with the academic preparation and training, including paid internships and concurrent enrollment in community colleges or other postsecondary institutions, needed to pursue a career pathway that leads to postsecondary credentials and high-demand jobs; and
(7) adult basic education and integrated basic education and training models for low-skilled adults, hosted at community colleges or at other sites, to prepare individuals for jobs that are in demand in a local area.
Sec. 367. General Requirements
Sec. 368. Definitions
(A) AREA OF SUBSTANTIAL UNEMPLOYMENT.—The term “area of substantial unemployment” means any contiguous area with a population of at least 10,000 and that has an average rate of unemployment of at least 6.5 percent for the most recent 12 months, as determined by the Secretary.
(B) DISADVANTAGED ADULTS AND YOUTH.—The term “disadvantaged adults and youth” means an individual who is age 16 and older (subject to section 132(b)(1) (B)(v)(I) of the Workforce Investment Act of 1998) who received an income, or is a member of a family that received a total family income, that, in relation to family size, does not exceed the higher of—
(i) the poverty line; or
(ii) 70 percent of the lower living standard income level.
Not much to describe in this section, it is fairly self explanatory. This section was written to fill in all the gaps left by the rest of the bill. It also included summer employment. So when the Right Wing complains about how foreclosures have gone up or how there aren't enough summer youth jobs; this is why! They never passed the bill. Republicans never took the long view and how it would hinder more economic deterioration, close down product demand and all the stuff necessary for a recovering economy. This was not an empty bill the way others want to describe it. Quite the contrary, it was paid for, didn't add a dime to the budget or national debt and would have secured economic growth. Unless, of course, your primary purpose was to defeat Obama in 2012 and make him a one term President. Then if that was the priority, the country and its well being simply was abandoned for political purposes. Why is it the President is supposedly playing politics all the time while the Republicans never seem to by the media? Hm? Odd, isn't it?
TITLE IV -- OFFSETS
Title IV is how the bill was to be paid for. Until tomorrow.
continued...
Subtitle C – Pathways Back to Work
Sec. 361. Short Title
This subtitle may be cited as the “Pathways Back to Work Act of 2011”.
Sec. 362. Establishment of Pathways Back To Work Fund
(a) ESTABLISHMENT.—There is established in the Treasury of the United States a fund which shall be known as the Pathways Back to Work Fund (hereafter in this Act referred to as “the Fund”.)
(b) DEPOSITS INTO THE FUND. —Out of any amounts in the Treasury of the United States not otherwise appropriated, there are appropriated $5,000,000,000 for payment to the Fund to be used by the Secretary of Labor to carry out this Act.
Sec. 363. Availability of Funds
Sec. 364. Subsidized Employment for Unemployed, Low-Income Adults
(a) IN GENERAL.—
(1) ALLOTMENTS.—From the funds available under section 363(a)(1), the Secretary of Labor shall make an allotment under subsection (b) to each State that has a State plan approved under subsection (c) and to each outlying area and Native American grantee under section 166 of the Workforce Investment Act of 1998 that meets the requirements of this section, for the purpose of providing subsidized employment opportunities to unemployed, low-income adults.
Sec. 365. Summer Employment and Year-Round Employment Opportunities For Low-Income Youth
(a) IN GENERAL.—From the funds available under section 363(a)(2), the Secretary of Labor shall make an allotment under subsection (c) to each State that has a State plan modification (or other form of request for funds specified in guidance under subsection (b)) approved under subsection (d) and to each outlying area and Native American grantee under section 166 of the Workforce Investment Act of 1998 that meets the requirements of this section, for the purpose of providing summer employment and year-round employment opportunities to low-income youth.
Sec. 366. Work-Based Employment Strategies of Demonstrated Effectiveness
(1) on-the-job training, registered apprenticeship programs, or other programs that combine work with skills development;
(2) sector-based training programs that have been designed to meet the specific requirements of an employer or group of employers in that sector and where employers are committed to hiring individuals upon successful completion of the training;
(3) training that supports an industry sector or an employer-based or labor-management committee industry partnership which includes a significant work-experience component;
(4) acquisition of industry-recognized credentials in a field identified by the State or local workforce investment area as a growth sector or demand industry in which there are likely to be significant job opportunities in the short-term;
(5) connections to immediate work opportunities, including subsidized employment opportunities, or summer employment opportunities for youth, that includes concurrent skills training and other supports.
(6) career academies that provide students with the academic preparation and training, including paid internships and concurrent enrollment in community colleges or other postsecondary institutions, needed to pursue a career pathway that leads to postsecondary credentials and high-demand jobs; and
(7) adult basic education and integrated basic education and training models for low-skilled adults, hosted at community colleges or at other sites, to prepare individuals for jobs that are in demand in a local area.
Sec. 367. General Requirements
Sec. 368. Definitions
(A) AREA OF SUBSTANTIAL UNEMPLOYMENT.—The term “area of substantial unemployment” means any contiguous area with a population of at least 10,000 and that has an average rate of unemployment of at least 6.5 percent for the most recent 12 months, as determined by the Secretary.
(B) DISADVANTAGED ADULTS AND YOUTH.—The term “disadvantaged adults and youth” means an individual who is age 16 and older (subject to section 132(b)(1) (B)(v)(I) of the Workforce Investment Act of 1998) who received an income, or is a member of a family that received a total family income, that, in relation to family size, does not exceed the higher of—
(i) the poverty line; or
(ii) 70 percent of the lower living standard income level.
Not much to describe in this section, it is fairly self explanatory. This section was written to fill in all the gaps left by the rest of the bill. It also included summer employment. So when the Right Wing complains about how foreclosures have gone up or how there aren't enough summer youth jobs; this is why! They never passed the bill. Republicans never took the long view and how it would hinder more economic deterioration, close down product demand and all the stuff necessary for a recovering economy. This was not an empty bill the way others want to describe it. Quite the contrary, it was paid for, didn't add a dime to the budget or national debt and would have secured economic growth. Unless, of course, your primary purpose was to defeat Obama in 2012 and make him a one term President. Then if that was the priority, the country and its well being simply was abandoned for political purposes. Why is it the President is supposedly playing politics all the time while the Republicans never seem to by the media? Hm? Odd, isn't it?
TITLE IV -- OFFSETS
Title IV is how the bill was to be paid for. Until tomorrow.
continued...
