WASHINGTON (AP) — A united Senate emphatically approved legislation Thursday intended to help unemployed veterans and companies doing business with the government, endorsing a measure that includes the first small slice of President Barack Obama's jobs plan that is likely to become law.
The 95-0 vote will let senators head home for Friday's Veterans Day events and take credit for helping some of the 240,000 jobless veterans of the Iraq and Afghanistan wars.
The bill would give tax credits of up to $9,600 to companies hiring disabled vets who have been jobless at least six months, and improve job training and counseling for veterans. Obama included the tax breaks in his $447 billion jobs plan, which has otherwise gone nowhere so far in Congress.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 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.
