WASHINGTON (AP) — The Senate voted overwhelmingly Monday to temporarily set aside its partisan standoff over President Barack Obama's jobs plan and move toward giving a modest economic spark to two potent interest groups: veterans and businesses.

In a 94-1 roll call, senators voted to start debating a measure repealing a requirement that federal, state and many local governments withhold 3 percent of their payments to contractors. That bill has been lobbied by a wide swath of industry groups large and small and has no significant opposition.

By the time the Senate approves the legislation — perhaps later this week — Democrats planned to add language backed by both parties offering tax breaks to companies that hire veterans and providing vets with employment counseling and other job-hunting services.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.