Obama Announces $33B Hiring Tax Credit

President Obama announced today a proposal to establish a $33 billion tax credit to encourage small businesses to hire more workers and increase wages. The plan is one of several the president is pushing to help bolster employment in a country where one in 10 Americans no longer receives a paycheck. The announcement comes two days after the president's first State of the Union address, when he said that jobs must be the U.S.'s top priority this year. The tax credit, the president said, "is a...Full Story
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