American Jobs Act

WASHINGTON – President Obama unveiled a surprisingly big $447 billion jobs package Thursday that’s intended to spur business hiring and consumer spending in an economy that has sputtered almost to a halt.

Highlights include:

  • Tax credits for businesses hiring new employees
  • Tax credits for businesses hiring veterans
  • Tax credits for businesses hiring the long term unemployed
  • Reduction in payroll taxes

Continue reading at USA Today.

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