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Senate passes jobs bill on to Obama
The Senate passed the first in what they hope will be a series of jobs bills aimed at putting Americans back to work. The bill passed 68 to 29 with bipartisan support (11 Republican votes). It gives employers an exemption from payroll taxes if they hire workers who have been unemployed for at least two months and encourages them to keep workers employed for one year by offering a $1,000 tax credit. All totaled, the tax breaks amount to $15 million dollars. That price tag has some Republicans calling it “debt bill”. Will this first jobs bill help create jobs or just more debt?
U.S. Senator Barbara Boxer (D-CA)