By Ramsey Cox
Stabenow said the bill was necessary because there is a skills gap among the unemployed.
Stabenow’s bill is based on a state program in Michigan that allows businesses to enter into a partnership with a community college to provide new employees with job training. Once the newly trained employees begin working, their state income tax payments are used to pay back the community college for the cost of the training. Her bill would provide a federal match equal to the state training reimbursement, paying community colleges every quarter.
Stabenow said the additional wages and salaries created by her bill would have a trickle down effect on the overall economy as people buy more goods and pay income taxes. She said 10,000 Michigan workers were trained because of the program last year, generating nearly $76 million in wages for the state.
Stabenow did not release details on how the bill is paid for.