Hot on HuffPost:

See More Stories

Jobs Bill Heads to President's Desk With Bipartisan Support

4 years ago
  0 Comments Say Something  »
Text Size
With help from 11 Republicans, the Senate approved an $18 billion jobs bill Wednesday and sent it to President Obama in the hope that the package of hiring tax incentives lifts the economy and ultimately Democratic chances in the November elections.

The legislation was approved, 68-29, with one Democrat, Sen. Ben Nelson (D-Neb.), joining most Republican senators in opposition.

The centerpiece is forgiveness from payroll taxes for the remainder of 2010 for employers who hire workers that have been jobless for 60 days or more, and a $1,000 tax credit for each such employee who stays at that job for at least one year, The Washington Post said.

"The beauty of this bill: It's simple, it's focused on private-sector job growth and it's paid for," said Sen. Chuck Schumer (D-N.Y.).

The president thanked the 11 Republicans for their support and said the bill "is the first of what I hope will be a series of jobs packages that help to continue to put people back to work."

Our New Approach to Comments

In an effort to encourage the same level of civil dialogue among Politics Daily’s readers that we expect of our writers – a “civilogue,” to use the term coined by PD’s Jeffrey Weiss – we are requiring commenters to use their AOL or AIM screen names to submit a comment, and we are reading all comments before publishing them. Personal attacks (on writers, other readers, Nancy Pelosi, George W. Bush, or anyone at all) and comments that are not productive additions to the conversation will not be published, period, to make room for a discussion among those with ideas to kick around. Please read our Help and Feedback section for more info.

Add a Comment

*0 / 3000 Character Maximum Comment Moderation Enabled. Your comment will appear after it is cleared by an editor.

Follow Politics Daily

  • Comics
robert-and-donna-trussell
CHAOS THEORY
Featuring political comics by Robert and Donna TrussellMore>>
  • Woman UP Video
politics daily videos
Weekly Videos
Woman Up, Politics Daily's Online Sunday ShowMore»
politics daily videos
TV Appearances
Showcasing appearances by Politics Daily staff and contributors.More>>