Taxes

Jobs Bill will Strengthen Economy, Put America Back to Work

March 17, 2010 -- WASHINGTON - U.S. Senator Tom Udall, D-NM, today voted to put America back to work by joining 67 other senators in giving final approval to the Hiring Incentives to Restore Employment (HIRE) Act, a bipartisan bill that will boost the economy and potentially create and save more than a million jobs.

The HIRE Act passed with a bipartisan 68-29 vote. It now goes to President Obama for his signature.

"The HIRE Act will spur the creation of quality, stable jobs for hardworking New Mexicans," Udall said. "By investing in small businesses, critical infrastructure and American ingenuity, we continue to grow our economy and put New Mexico back to work."    » read more »

Bipartisan Measure, Authored By Schumer And Orrin Hatch (R-Utah) Provides Tax Cuts For Businesses Hiring People Unemployed for More Than 60 Days -Cleared Final Congressional Passage, Expected to be Signed by President

March 17, 2010 -- Today, U.S. Senator Charles E. Schumer announced that his bipartisan “Hire Now Tax Cut” proposal to provide businesses that hire unemployed workers with a tax cut has cleared final passage in Congress and will now go to the President’s desk for signature.    » read more »

Congress Approves Key Jobs Initiative to Spur Hiring & Provide RI with $252 Million for Transportation Upgrades

March 17, 2010 -- WASHINGTON, DC – Congress passed a bipartisan job creation bill today that will help re-energize the economy and fuel economic growth in Rhode Island and provide the state with $252 million in highway and transit funding.    » read more »

Bill that also includes major infrastructure investments, help for local governments to finance construction projects now headed to President for his signature

March 17, 2010 -- (Washington, D.C.) - Today, U.S. Senator Patty Murray (D-WA) voted for final passage of the Hiring Incentives to Restore Employment (HIRE) Act, a bill that includes important tax incentives to encourage Washington state small businesses to hire new workers, help for local governments to finance construction projects, and an extension of federal surface transportation programs that employ thousands of Washington workers.

The bill, which has now been passed by both houses of Congress, is now headed to the President for his signature. It was passed by the Senate today by a vote of 68-29.    » read more »

HIRE Act provides tax relief for businesses, supports local job-creating projects

March 17, 2010 -- WASHINGTON – U.S. Senator Robert Menendez (D-NJ) today hailed the final passage of the HIRE Act – the first piece to the Democrats’ Jobs Agenda.

This legislation, which passed the Senate by a 68-29 vote, will provide tax incentives to businesses that hire and tax relief for small businesses that purchase major equipment, and will support major local infrastructure projects. It will now be signed into law by President Obama.    » read more »

Legislation now heads to the president for his signature

March 17, 2010 -- WASHINGTON, D.C. - U.S. Senator Claire McCaskill made the following statement today on the final passage of bipartisan legislation aimed at creating job growth in the private sector.

This bill - which passed with a vote of 68-29 - will give embattled small businesses tax breaks to make it easier for them to begin to expand and add additional employees. The bill now heads to the president for his signature to become law.    » read more »

Bill is ready to be signed into law.

March 17, 2010 -- Washington– As part of a legislative push to put Americans back to work, U.S. Senator Blanche Lincoln today voted for the Hiring Incentives to Restore Employment (HIRE) Act, a jobs-related measure that has been passed by the House and the Senate. The bill will now go to the President for signature.

“With 100,000 Arkansans out of work, I am firmly focused on pursuing an aggressive agenda that will restore stability in private industry and create an environment in which businesses feel confident hiring again,” Lincoln said.    » read more »

March 17, 2010 -- "Mr. President, the Senate has an opportunity today to take another step toward restoring job growth and opportunity for American workers. Others have discussed the importance of this bill’s provisions to help put Americans back to work, and I agree: This bill marks important progress in lowering unacceptable levels of unemployment.    » read more »

Legislation to Create Jobs, Help Small Businesses, Fund Infrastructure Projects Will be Sent to White House

March 17, 2010 -- WASHINGTON, D.C. -- U.S. Senator Frank R. Lautenberg (D-NJ) today voted to approve legislation that will help employers create jobs and boost the economy.

The centerpiece of the “Hiring Incentives to Restore Employment (HIRE) Act” will provide tax exemptions and credits for businesses that hire and retain new employees who were previously out of work.    » read more »

Kerry Bill Passes as Part of HIRE Act

March 17, 2010 -- WASHINGTON, D.C. – Senator John Kerry (D-Mass.), senior member of the Finance Committee, today applauded passage of legislation to end blatant tax evasion.

Today’s passage of the Hiring Incentives to Restore Employment (HIRE) Act includes legislation from Kerry and Finance Chairman Max Baucus (D-Mont.) that provides the Internal Revenue Service (IRS) new tools to detect, deter and discourage offshore tax abuses that currently allow companies and individuals avoid paying taxes.    » read more »

March 17, 2010 - - Washington, D.C. – This morning, the U.S. Senate passed the HIRE Act, a bipartisan-supported jobs bill by a vote of 68-29. The bill now heads to the president for his signature. Senator Russ Feingold, who supported the jobs bill, released the following statement:

“With unemployment still far too high, passage of this jobs bill will make it a little easier for firms to hire workers. The bill includes a payroll tax break, similar to the jobs tax credit I proposed, to help businesses bring on more workers.

"Passage of this bill, with bipartisan support, is an important step as we remain focused on creating jobs and strengthening the economy.    » read more »

Hire Act Will Create and Save Jobs in Connecticut

March 17, 2010 -- Senator Chris Dodd (D-CT) issued the following statement today after the Senate passed the Hiring Incentives to Restore Employment (HIRE) Act.

“Getting Americans back to work in stable, good-paying jobs is our highest priority,” said Dodd. “The HIRE Act is the first in a series of bills that will create jobs for American workers and get our economy back on the right track. This bill will ensure transportation projects can continue to move forward, and it creates incentives for businesses to hire more workers.”    » read more »

Hiring Incentives to Restore Employment (HIRE) Act Will Support Business Growth and Put More Americans Back to Work

March 17, 2010 -- WASHINGTON -- Senator Tom Carper (D-Del.) issued the following statement today after the Senate passed the Hiring Incentives to Restore Employment (HIRE) Act by a vote of 68 to 29. The legislation now goes to President Obama for his signature:

“Slowly but surely we are witnessing signs of economic recovery and even economic growth. While this is encouraging, we know that this progress is fragile and Congress must provide a nurturing environment where businesses – particularly small businesses – can thrive and hire again.    » read more »

Senate Passes Bill To Boost Hiring, Create One Million New Jobs; Bayh-backed legislation will offer tax relief to small businesses for employing Hoosier workers

March 17, 2010 -- Washington -- The U.S. Senate today passed the Hiring Incentives to Restore Employment (HIRE) Act to boost employment during the economic downturn. The bill passed 68-29 with Senator Evan Bayh’s support.

The HIRE Act consists of tax relief for small businesses to promote hiring, direct assistance for small businesses to pay for their expenses and investments in our nation’s transportation infrastructure.    » read more »

Senate Passes Jobs Bill to Encourage New Hires, Help Unemployed; Baucus Calls ‘HIRE Act’ Passage "Good News for Montana Businesses"

March 17, 2010 -- (Washington D.C.) -- Montana’s senior U.S. Senator Max Baucus today applauded final passage of tax cuts and infrastructure investments designed to create good-paying jobs in Montana and the nation. The job-creation tax cuts, known as the Hiring Incentives to Restore Employment (HIRE) Act, were originally proposed as part of a package authored by Baucus, chairman of the powerful Senate Finance Committee.    » read more »