Democrats introduce jobs package
Published: February 10,2010
WASHINGTON — Senate Democrats have unveiled their jobs initiative, blending a tax cut for businesses that hire new workers with help for the unemployed — along with a raft of provisions sought by lobby groups like doctors and the satellite broadcasting industry.
The 362-page measure is still in draft form and has not been officially released. It has bipartisan backing but very few new ideas for creating jobs, other than a $10-billion plan to exempt companies from paying the employer’s share of Social Security payroll taxes for new workers hired this year.
The rest of the measure is mostly comprised of last year’s unfinished business, including renewal of business tax breaks that have expired, an extension of unemployment benefits and health insurance subsidies and higher Medicare payments for doctors.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Mississippi Film Studios signs contract with New Orleans company
- MDOT cutting more than 40 jobs in Right-of-Way Division
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s transition will help consolidate lawsuits alleging breach of contract
- Granddaughter of Barq's Root Beer founder dies at 90
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Board authorizes sale of company that owns Silver Slipper Casino
- JRA plans image makeover, hires crisis manager