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Wednesday, March 17, 2010
Richard Burr Votes "Yes" On Jobs Bill For Tax Credits...Its Pay Go
Burr Votes "Yes" On Jobs Bill
Today U.S. Sen. Richard Burr voted in support of a sweeping Jobs Bill estimated to provide $35 billion in Job-Related Tax Breaks and funding for Construction Projects.
Burr, a Winston-Salem Republican, recently boasted to GOP supporters that "it is impossible for any candidate to get to the right of me from an ideological standpoint," Barb Barrett reports.
But he was one of 11 Republicans to vote “yes” on the bill. The measure passed 68-29.
U.S. Sen. Kay Hagan, a Greensboro Democrat, also voted yes.
Burr said he supports the tax credits to get employers hiring jobless workers, and that he liked that this bill is paid for but cuts elsewhere.
"According to (the Congressional Budget Office), this bill will not add to the deficit because it is paid for by cutting elsewhere in government, a fact that makes it much different from last year’s "stimulus" package that I opposed," Burr said in a statement.
"This bill ultimately serves as an admission that last year’s stimulus package was a very expensive missed opportunity."
The bill would offer tax credits to employers hiring long-term jobless workers, and extends the federal bridge and road program.
Earlier this month Burr was one of 19 senators to vote against a $10 billion extension of Unemployment benefits. He was criticized in an online ad by the Democratic party for that vote, and for the fact that he didn’t show up for a critical procedural vote on the Jobs bill.
The jobs bill passed Wednesday now goes to President Barack Obama for his signature.
The bill allows employers who hire workers who have been unemployed for at least 60 days an exemption from paying their 6.2 percent payroll taxes for the rest of the year.
If the employees stay on at least a year, employers also would receive a $1,000-per-worker tax credit.
The bill also extends the federal bridge and roads construction program through the end of the year.
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Sources: McClatchy Newspapers, Fox News, Youtube, Google Maps
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