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Posted: 12:27 PM Mar 17, 2010
Senate OKs Jobs Bill For Obama's Signature
The Senate is sending the first of several promised election-year jobs bills to President Obama for his signature.
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17 Comments 
WASHINGTON — The Senate is sending the first of several promised election-year jobs bills to President Obama for his signature.
It would provide a temporary payroll tax holiday to companies that hire and would pump $20 billion into the federal highway construction fund to make up for low gasoline tax revenues. Critics argue that it's not the job-creating engine Democrats have advertised.
The bill was passed Wednesday on a bipartisan 68-29 vote. Democrats promise additional jobs legislation, but concerns about the deficit are slowing progress. The new measure would exempt businesses hiring unemployed from the 6.2 percent Social Security payroll tax through December and give employers an additional $1,000 credit if new workers stay on the job a full year.
Copyright 2011 by The Associated Press. All Rights Reserved.
Latest Comments
There's that pattern again. First two posts & times. Do you folks still not see what's going on here?! Come on, wake up and pay attention to detail.
I want to know why only that amount of money is being spent on that part of construction.Trillions of dollars and only 20billion being spent.Where the hell is the rest going.This will stimulate Mexico and thats about it.I declare China has not fired a single missle and already owns us.Mexico too!
Dave, if they don't stop this course...it will be 20%. Hey, he is a new Jimmy Carter...notice gas prices creeping up...well, the illegals thank him for all he is doing so they can send money back home. I guess if you never had a real job, you think the jobs bills is just about jobs..I just watched Obama on Fox News, first, at least he had the guts, however, he stonewalled...OH, and "Obama Haters get a load of this" we will get you up to speed when you return from Uranus, a lot has happened in you journey.....
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