Senate passes new-hire bill
by Associated Press
Published: February 24,2010
WASHINGTON — The U.S. Senate has passed a bill aimed at boosting job growth by giving tax breaks to businesses that hire the unemployed.
The move marked a rare legislative victory for President Barack Obama, who has had to watch other domestic legislative priorities such as health care overhaul and a climate change bill stall. It passed Wednesday by a bipartisan 70-28 and now goes to the House of Representatives, which passed a far more ambitious version in December.
Econmists says the tax breaks could create perhaps 250,000 jobs.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Prescription for success — Transcript Pharmacy continues fast growth
- MSU researchers develop timber-management software
- New law on taxing methods hailed as big win for businesses
- Panther Creek megasite — Putting a value proposition out there
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Panther Creek's location in medical industry zone boosts bio-med prospects
- BBB issues warning involving asphalt paving scam
- Chris McDaniel responds to radio show audio clip