Title I: Meeting Our Economic Problems With Essential Productive Jobs - Directs the appropriate congressional committees to study the current economic crisis with specific emphasis to long-term recovery, and a strong private sector based on a cooperative Government/industry partnership. Requires that findings be presented to the Congress by March 15, 1988.
Requires the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to take action as necessary to achieve and maintain a level of interest rates low enough to generate significant economic growth to reduce the current level of unemployment.
Appropriates funds for FY 1988, for meeting economic problems with essential productive jobs, for the following purposes: (1) maintenance and repair of Federal buildings; (2) construction and reconstruction of the Nation's highways; (3) improvement of urban mass transportation systems; (4) rehabilitation of highway bridges which cross over the Northeast corridor rail transportation properties; (5) improvement of railroad infrastructure; (6) improvement of facilities and services for veterans; (7) public housing modernization; (8) community development; (9) a study to examine the competitiveness of American exports and the current trade crisis; (10) economic development assistance programs; (11) assistance to small businesses for the employment of additional personnel; (12) development and improvement of parks and recreation areas; (13) improvement and maintenance of the national forest system; (14) construction, repair, and improvements for Indian health facilities; (15) maintenance of wildlife service facilities; (16) rural development and resource conservation; (17) improvement of soil conservation activities; (18) modernization of Federal, State, and local prisons; (19) enhancement of water resource and hydroelectric power benefits; (20) acceleration of the completion of reclamation and irrigation projects; (21) emergency jobs for unemployed individuals, providing for the maintenance and rehabilitation of public facilities and the conservation, rehabilitation, and improvement of public lands; (22) employment and training assistance; (23) increased assistance to the unemployed through employment services; (24) assistance for child day care services; (25) health service activities at community and migrant health centers; (26) food distribution and emergency shelters; (27) construction and modernization of housing units for military families; (28) low income weatherization activities; and (29) Government procurement of domestically manufactured vehicles.
Introduced in House
Introduced in House
Referred to House Committee on Appropriations.
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