Topics

Tax Credits
House moves pieces of jobs bill to Obama's desk
House moves pieces of jobs bill to Obama's desk

Republicans and Democrats joined to pass the first pieces of President Obama’s jobs package, sending to the president a slim slice of common ground while the bulk of the legislation remains stalled in a divided Congress. The legislation passed Wednesday repeals a tax on government contractors, boosts job training for veterans and offers tax credits to companies that hire unemployed veterans. The House passed the measure easily, and Obama has said he will sign it. "This is a good first step, but it is only a step. Congress needs to pass the rest of my American Jobs Act so that we can create jobs and put money in the pockets of the middle class," Obama, who is in Australia,...

Loading