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Rally for ‘Jobs Not Cuts’

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A new coalition challenging the federal government’s budget priorities will hold a town hall meeting [2] with three members of Congress Thursday night, then adjourn to join Occupy Chicago [3] outside the Bank of America at LaSalle and Jackson.

The town hall takes place at 6 p.m. on Thursday, October 20 at the Chicago Temple, 77 W. Washington, with a press conference at 5:30 p.m.

Move The Money Chicago [4], which includes scores of community, peace, and labor groups, calls for a massive jobs program funded by taxing the rich and ending overseas wars.

U.S. Reps. Danny Davis, Jesse Jackson Jr., and Jan Schakowsky will speak at the meeting, along with local residents spelling out concerns – a public school teacher, a victim of foreclosure, an unemployed worker, and others, said Terry Davis of MTM Chicago.

Schakowsky will speak about her Emergency Jobs Act [5], which would create 2.2 million jobs, including hundreds of thousands of jobs in school maintenance and repair, park improvement, weatherization, along with funding for more teachers, police, health care and child care workers, and student jobs.  It would give priority to the long-term unemployed, who today face discrimination in their job searches.

It would be fully funded by Schakowsky’s Fairness In Taxation Act [6], which would raise the income tax rate on millionaires to 45 percent and on billionaires to 49 percent. That’s lower [7] than the top rate under President Reagan, she points out.  Currently billionaires pay the same rate as anyone making over $373,000 a year.

A representative of Occupy Chicago will also speak at the town hall.