Jobs Bill Passes Congress
The bill passed in bi-partisan fashion garnering 68 votes for the measure and 29 against, which is somewhat remarkable considering the deadlock the Senate has experienced for the last year.
Harry Reid released the following statement after the passage of the HIRE Act:
"I applaud my colleagues for joining me in passing a bill that will help put Nevadans back to work. In addition to enacting a payroll tax holiday and allowing small businesses to write off the cost of major purchases, this jobs bill expands the Build America Bonds program and extends the Highway Trust Fund, allowing for the investment of billions of dollars in transportation projects, which will save one
million jobs."
1) A tax credit for employers who hire employees this
year;
2) An extension of the highway bill to fund job-creating transportation projects in Nevada;
3) A provision allowing small businesses to write off the
cost of major purchases, and;
4) Build America Bonds, which provide a much-needed funding mechanism for projects such as work on courthouses, schools, roads and public safety buildings.

![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=00b67ef0-1421-4a8a-b574-2e029030e5a0)
Leave a comment