Creating Jobs, Building a Strong Economy

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Congressman Carnahan has made job creation his top priority throughout 2009 and has supported the following comprehensive legislation to put Americans back to work and our economy back on track over the past year.

American Recovery and Reinvestment Act, enacted in the first month of President Obama's term, to jumpstart our economy, create and save 3.5 million jobs, give 95% of American workers a tax cut, and begin to rebuild America's road, rail, and water infrastructure, with unprecedented accountability. (Signed into Law)

Jobs on Main Street Act, to create and save jobs with targeted investments to boost small business, to rebuild highways and transit, and to hire and retain teachers, police, and firefighters; paid for by redirecting TARP funds from Wall Street to Main Street; with emergency aid for the unemployed.  (Passed by House)

Cash for Clunkers, jump-starting the U.S. auto industry, providing consumers with up to $4,500 to trade in an old vehicle for one with higher fuel efficiency - spurring the sale of 700,000 vehicles. (Signed into Law)

American Clean Energy & Security Act, historic legislation to create millions of jobs; reduce dependence on foreign oil; reduce climate change pollution; keep costs low for Americans. (Passed by House)

Worker, Homeownership & Business Assistance Act, boosting the economy and creating jobs with unemployment benefits for Americans hit by the recession, an expanded 1st-time homebuyer tax credit, and tax relief for struggling small businesses-expanded to all struggling U.S. businesses. (Signed into Law)

Student Aid & Fiscal Responsibility Act, to make largest investment in college aid in history - increasing Pell Grants and keeping student loan interest rates low- while reducing the federal deficit. (Passed by House)

Helping Families Save Their Homes Act, building on the President's initiative to stem the foreclosure crisis, with significant incentives to lenders, servicers, and homeowners to modify loans. (Signed into Law)

Wall Street Reform & Consumer Protection Act, historic reforms to end taxpayer-funded bailouts and ‘too big to fail' financial institutions, and protect consumers from predatory lending. (Passed by House)