SB20

SB20 Economy, Saving Jobs

Category: Job Creation


 * __Sponsers:__** rfellenstein-R-Nevada, Jclossin-R-Maine, RChmielewski-R- Louisiana


 * __Purpose:__**

To create and save jobs.


 * __Eligibility:__**


 * People who have good credit reports and are able to pay the loan
 * People who can identify a plan in setting up te busines so they can repay the loan
 * People who are aa legal resident/citizen of the U.S.
 * People who have their college master's degree
 * __Terms and Benefits__**

Economy is a serious issue for our country. Right now we The U.S. national debt is almost $13 trillion dollars in debt and tons of people are losing their jobs. Our plan is to loan money to people(who can pay it back) so they can create large businesses so jobless people can get jobs. This will decrease our national debt substantually and there will be a lot less jobless people.


 * __Fiscal Impact__**

The estimated cost will be over $10 million dollars a year.