Congress easily OKs bill for vets, contractors

Congress easily OKs bill for vets, contractors
News
Wednesday, November 16, 2011 - 6:08pm

Congress has overwhelmingly approved a bill helping government contractors and unemployed veterans, finally giving President Barack Obama the chance to sign the first, tiny shred of his $447 billion jobs bill into law.
 

The House consented to the popular legislation Wednesday 422-0
as Democrats and Republicans rallied on a rare patch of common
ground.

The Senate passed the measure 95-0 last week.
 

The bill creates tax breaks for companies hiring jobless veterans and beefs up vets' job-training and counseling programs.
 

It also repeals a law that would require the government to withhold 3 percent of its payments to contractors to compel them to pay their taxes.
 

Obama proposed the veterans tax credits in his jobs bill.

It is worth $95 million - a tiny fraction of his overall jobs plan.
 

Comments News Comments

Post new Comment