House passes veterans jobs bill-legislation heads to Obama

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By Rosalind S. Helderman

 

President Obama will get a chance to sign into law a portion of his $447 billion jobs plan after the House agreed Wednesday to extend tax credits to businesses that hire unemployed veterans and to repeal a tax provision seen as a potential burden to government contractors.

This is the first element of Obama’s jobs package to get Congressional approval. The measure, approved last week by the Senate, passed 422 to 0. It heads to Obama, who Wednesday said he would sign the bill. Both parties cheered the vote as a rare example of legislative cooperation. But the bipartisan spirit was limited.

Democrats said Republicans should follow the vote by accepting other, more significant pieces of Obama’s package, including new infrastructure spending, an extension of benefits for the unemployed and a payroll tax holiday for workers…read full article here: washingtonpost

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