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More States Considering Tax Breaks to Woo Jobs

Rising unemployment has touched off a race among state governors to woo companies with tax breaks and financial incentives, even as budget shortfalls force cuts in education, health care and other services.

Governors from both parties and from states large and small are counting on the federal stimulus package — passed by the House last week and headed for the Senate — to perk up their economies and create tens of thousands of new construction jobs, but they’re not convinced it will be enough. So they’ve laid out urgent calls to chase private-sector jobs with public money.

By STEPHANIE SIMON

Full Story: http://online.wsj.com/article_email/SB123353481151637695-lMyQjAxMDI5MzAzMjUwMzI0Wj.html

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