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Conyers' Deficit-Neutral Jobs Bill

July 14, 2010 - by Donny Shaw

If I had to pick the top three factors in U.S. politics right now I would say the unemployment situation, concern about the deficit, and distrust of the financial industry. Remarkably, Rep. John Conyers [D, MI-14] (pictured) has introduced a bill this session that seems to fall on the popular side of all three of these issues. It would be deficit neutral, dramatically reduce unemployment, and levy a new tax on the riskiest Wall Street transactions. The bill is called the 21st Century Full Employment and Training Act. Here's how it would work.

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