New Legislation to Direct $40B in Internet Gambling Revenue for Job Training and Foster Care Program

[JeffreySM]

New legislation introduced yesterday by Rep. Jim McDermott (D-Wash.) would direct over $40 billion in new revenue over the next 10 years into job training for those in the declining sectors of the economy and educational assistance for foster care youth.

We now have another strong reason why it makes sense to regulate Internet gambling. Not only would regulation protect consumers, but it would also capture new revenue that would be used to support many Americans who need a helping hand.

In a sign that the legislation has support from key members of the Democratic Congressional leadership, Reps. George Miller (D-Calif.) and John B. Larson (D-Conn.) are original co-sponsors of the legislation, which is titled the Investing in our Human Resources Act of 2008 (H.R. 6501). Rep. Miller is a member of the Democratic Leadership and chairman of the House Democratic Policy Committee.

This legislation needs YOUR help to pass. Please contact your congressional member and tell him/her to support H.R. 6501. We encourage you to visit Safe and Secure Internet Gambling Initiative for more information on the fight to legalize internet gambling.

Thanks.

Jeffrey Sandman
Safe and Secure Internet Gambling Initiative