On March 18, 2010, the President signed into law the Hiring Incentives to Restore Employment (HIRE) Act, to stimulate the hiring of new workers. The bill rewards job creation with a payroll tax holiday through December 31, 2010 for qualifying employees and up-to-$1,000 additional tax credit for employers who retain these qualified workers for 52…
On Wednesday, February 24, 2010, the Senate approved H.R. 2847, which includes the “Hiring Incentives to Restore Employment Act” (the Senate jobs bill, SA 3310) by a vote of 70-28. The bill would create a “payroll tax holiday” for new hires hired through the end of the year and a tax credit to encourage companies…
Bookmark this category The Senate is about to consider a slimmed-down version of the Baucus-Grassley jobs bill. Yet, whether it is Senator Reid’s slimmed down version or the all encompassing Baucus-Grassley bill, the problem remains, Congress is failing to consider a program that already exists to tackle unemployment and jobs creation — the Work Opportunity…
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