President Barack Obama proposed a bill which would get many Americans back on the path to working and getting the economy out of harm. This bill is called the American Jobs act. This act is meant to provide 70,000 jobs in New York alone and 1.9 million jobs nation wide. As well as financially rescuing small business in New York by $381 million so that they can hire more employers. With hiring new employers that makes about an extra $1,500 for their households and their pocket. This will be done by tax cuts, three of which are an option. "cutting the payroll tax in half for the first 5 million in wages, temporary eliminating employer payroll taxes on wages for new workers or raises for existing workers, and extending 100% expensing into 2012" This bill will mostly effect and benefit the younger community of individuals. According to the American Jobs Act there will be a program called SEA, Self-Employment Assistance, which will give aspiring entrepreneurial minds 26 weeks to start their own businesses. This program will fun around 10,000-13,000 and will not have credit and collateral requirements. SEA is practiced in various states and is proven to be effective. Hundreds of business have created new jobs, about an average of 2.63 new jobs. The plan provides certain assurance to employees and those looking for jobs. Work-sharing is in place to prevent an employee from bring fired. Instead of being fired there hours will be reduced to keep them in contact with a little bit of money. And certain programs to help aid the long term unemployed individuals. As well as that which is called a Bridge to Work program which is aimed at providing some kind of income for those who do volunteer or "pursue work based training". This bill will mainly do as follows, "The plan itself does five things. First, it cuts social security contributions for individuals and businesses. Second, the plan provides about $35 billion to states to operate schools and another $25 billion in school infrastructure spending. Third, the plan adds about $54 billion in unemployment insurance payments, extending the program and adding youth employment programs and tax incentives to hire the long-term unemployed. Fourth, the program adds $75 billion in infrastructure spending to include the creation of an infrastructure bank. Finally, the plan reduces barriers to refinancing FHA loans for households who are underwater in their mortgages." The republicans have rejected this bill, although it will provide tax cuts to middle and lower class the GOP is only concerned about millionaire tax cuts. As for the Democrats, they are campaigning across America to gain support for the plan. The states with the lowest unemployment will be targeted the most to gain more supports. States such as Florida, Mississippi, North Carolina, Virginia, Iowa, etc.