Blank also meets with local business leaders as part of White House Business Council outreach effort
Acting U.S. Commerce Secretary Rebecca Blank today toured the University of Toledo Clean and Alternative Energy Business Incubator, a program that supports collaboration between clean energy companies and the university in order to help grow the clean and alternative energy industry in the region. Since its opening in 2005, the incubator has had a regional economic impact of more than $700 million.
At the University of Toledo, Blank discussed details of President Obama’s American Jobs Act. Blank highlighted the different ways the plan could make an immediate impact on job creation: cutting taxes for small businesses, putting more money in the pockets of consumers through an expanded payroll tax cut, and preventing the layoffs of teachers, firefighters and policemen, while putting construction workers to work through much-needed renovations to school, roads, railways and airports. Blank underlined the need for Congress to act quickly on the bipartisan measures in the Jobs Act.