In a bid to create more employment in America, President Obama has submitted the America Jobs Act of 2011 to the Congress on 12th September. The bill is intended to reduce the payroll taxes while increasing the take-home salary of the working mass without escalating the deficit.
But what would be the impact of the bill on the Indians staying in that country? The act in fact, has drawn support from the National Congress of American Indians (NCAI).
Jefferson Keel, president of NCAI hails the act and believes that around 20, 000 small businesses owned by Native Americans and about 1.5 million Native American workers are expected to be benefitted from the tax cut measures put forwarded in the act. Hence though the new bill may affect outsourcing away to India, the Indians staying in the country are very much supportive to the bill.
Apart from tax cuts, the American Jobs act act will also be an extension of the employment insurance and would generate fund for the community revitalization initiatives.
Kimberly Teehee, a Cherokee Nation citizen and senior policy advisor for the Native American Affairs for the White House Domestic Policy Council, believes that at present employment is undoubtedly a big issue among the Native Americans and the act will usher in a positive change in the job market.
Investment in infrastructure like the $125 million for schools and $12.5 million for tribal colleges by the Bureau of Education would also create new employment opportunities for the women, minorities and socially disadvantaged people that include the Native Americans as well.
Sean Daniel Akaka (D-Hawaii), chairman of the Senate Committee on India Affairs echoes the same view and gives full support to the bill.