If we do see a jobs bill from the Senate, the main component (accounting for 87% of the spending at this point) would be the Schumer-Hatch job creation tax credit. This would give businesses a break on their half of payroll taxes (6.2% of salary) for every worker they hire in 2010 who has been unemployed at least 60 days. It would also offer incentives – $1000, I believe – for every year the employee remains with the company beyond 2010. The projected cost is $13 billion dollars.
Liberal Economists Criticize Schumer-Hatch Tax Credit |
| By: David Dayen Saturday February 13, 2010 12:49 pm |
Senate May Vote on Constitutionality of Individual Mandate |
| By: David Dayen Tuesday December 22, 2009 4:00 pm |
John Ensign and Orrin Hatch may have forced the Senate’s hand on a key element of health care reform — the individual mandate.
Bush USA Pursues Prosecution of DeChristopher, Student That Thwarted Land Giveaway |
| By: Kirk Murphy Saturday April 4, 2009 6:00 pm |
Remember Tim DeChristopher? He’s the University of Utah student who last December gave us all an early Christmas present when he wrapped up 22,000 acres of our Federal land, thus protecting it from Bushie auction to Big Carbon. Tim showed up at Bush’s “last great gift to oil and gas”, the Bureau of Land Management’s giveaway auction in Utah, where he entered the high bid on almost one-sixth of the public land at risk.


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