THE AMERICAN JOURNAL

McConnell: GOP may support jobs bill

WASHINGTON (AP) – The top Republican in the Senate said Sunday that GOP lawmakers “may well” vote for a jobs bill this week.Sen. Mitch McConnell, R-Ky., prefers a costlier version drafted with GOP input and he didn’t commit his support to advance the legislation on Monday to a final vote this coming week.

The pending measure would provide businesses that hire the unemployed a one-year break from payroll taxes and a $1,000 tax credit if those workers stay on the job for a full year. The cost is estimated at $13 billion.

Read more: AP

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February 21, 2010 - Posted by | Uncategorized |

1 Comment »

  1. Republicans are still clueless and just as bad as the Democrats. Come on, folks! If there is no product to make, businesses won’t be hiring anyone!!!!

    Of course we know this is just Stimulus II. And the only job creation there was with the first one was in the GOVERNMENT sector. The rest of the sectors are suffering and this JOB bill won’t do a thing to elivate the unemployment problem.

    But since the Republicans haven’t figured out that PRODUCTS and DEMAND runs the economy, I don’t have much hope for any improvement. Only the free market economy can change the status.

    Comment by MTR | February 21, 2010 | Reply


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