American Jobs Act

American Jobs Act

The American Jobs Act comprises two bills proposed to a joint session of Congress by President Barack Obama in September 2011. The proposal involved a collection of measures designed to get Americans back to work after the recession.

Obama assured Americans that the $447 billion bill would not add to the national debt and would be fully funded. The bill initially failed to garner the necessary 60 votes to proceed. As a result, Obama separated the bill into several smaller derivative bills, including the Jumpstart Our Business Startups Act. The bill passed with bipartisan support and was signed into law in April 2012.

American Jobs Act Stories