Sunday, October 19, 2003

Kerry Announces Job Stimulation Package

Sat Oct 18, 8:07 PM ET
By MIKE GLOVER, Associated Press Writer

DES MOINES, Iowa - Democratic presidential candidate John Kerry offered an education and job stimulation package Saturday that would provide tax credits for anyone who took vocational training or college courses to improve job skills.

"Our economy can turn around, and it will turn around, but we need to put jobs back at the top of the nation's agenda," Kerry said. "For most people, a jobless recovery is just a fancy term for recession."

Kerry, a Massachusetts senator, toured a community college job training site in Waterloo, Iowa, as he spelled out what he would do to support job training and education and invest in high-tech industries likely to create jobs. He put no price tag on the idea.

His proposal includes giving $25 billion to the states in each of two years to help avoid soaring college tuitions that have blocked many from higher education and tax credits for college tuitions and vocational training.

Kerry said the help to the states is needed because a sour economy and deep tax cuts pushed by President Bush have left them with cumulative budget shortfalls of up to $90 billion.

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