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Senate approves tax breaks for new hires
The Senate passes a bipartisan jobs bill by a 70-28 vote, blending tax breaks for companies hiring unemployed workers with highway funding. It moves to the House, seen by Democrats as a political win though critics deem it insufficient. The measure aims to spur hiring, boost small business lending, and aid state budgets amid deficits.
MENTIONED IN THIS ARTICLE
Washington
Senate
Democrats
House
Barack Obama
Massachusetts
Scott Brown
Wall Street
Harry Reid
D-Nev
Brown
Ben Nelson
Nebraska
Internal Revenue Service
Obama
Mark Zandi
Moody’s Economy.com