UNDATED (WIFR) -- The house passed a $26 billion dollar jobs bill this afternoon and President Obama signed it into law.
The new law will protect 300,000 teachers and other non federal government workers from election year layoffs. House republican leaders said democrats were doing this as a favor for their teacher union allies who's support they need this November and that congress should end it's spending spree.
President Obama says the bill is paid for by closing a tax loophole used by multinational corporations. Local Congressman Don Manzullo voted against the bill, his democratic challenger George Gaulrapp is in favor of the proposal.
"The goal is worthy. I don't know what's more important than keeping teachers in our children's classrooms. But this bill imposes about a 10 billion dollar tax on manufacturing and firms such as Motorola, Caterpillar, John Deere, Boeing really are going to be hurt by this bill." said Manzullo.
"This bill is paid for by companies who send our jobs and their subsidiaries overseas internationally. This bill is a great thing. It's going to continue to educate our children to move us pass everybody else." said Gualrapp.
According to the federal funds information for states, Illinois is set to receive about $975 million dollars. Illinois Senate Candidate Mark Kirk was one of just two republican congressmen who voted in favor of the jobs bill.