Cohen Casts Vote for American Jobs, Closing Tax Loopholes and Preventing Outsourcing Act of 2010

“This legislation will help many working families in Memphis and across the country,” said Congressman Cohen. “It helps create jobs and extends the national flood insurance program through the end of the year, which will provide assistance to Memphis families still struggling with the aftereffects of the recent storm.”

In Tennessee, the measure would:

• extend the National Flood Insurance Program through December 31;
• extend for one year (through 2010) the election to take an itemized deduction for state and local general sales taxes;
• support jobs for young adults ages 16 to 24 through summer employment programs; and
• allow for two years concurrent receipt of both Department of Defense military retirement pay and VA military disability pay.

For a detailed breakdown of the measure, please visit the House Committee on Ways and Means website by clicking here.