President Barack Obama is thanking lawmakers -- and Republicans especially -- for their help sending him a jobs bill.More >>
WASHINGTON DC (PRESS RELEASE)--This morning, the U.S. Senate passed the HIRE Act, a bipartisan-supported jobs bill by a vote of 68-29. The bill now heads to the president for his signature. Senator Russ Feingold, who supported the jobs bill, released the following statement:
"With unemployment still far too high, passage of this jobs bill will make it a little easier for firms to hire workers. The bill includes a payroll tax break, similar to the jobs tax credit I proposed, to help businesses bring on more workers. Passage of this bill, with bipartisan support, is an important step as we remain focused on creating jobs and strengthening the economy. But since the new payroll tax break expires at the end of the year, more must be done. I strongly favor the approach my own bill takes, which is to provide firms with a tax break for the next two years to help them expand their payroll and put people back to work. I will continue to fight for it along with other measures that help Wisconsin families and businesses recover from this severe recession."