Obama and Senate Republicans Agree on Tax Credits to Help Veterans

After weeks of publicly campaigning against Republicans for failing to act on portions of his $447 billion jobs bill, today President Obama said they “did the right thing.”

On the eve of Veterans Day, the president praised Senate Republicans and Democrats for passing an element of his jobs bill that will offer companies tax incentives to hire unemployed and disabled veterans.

“Tomorrow, our nation will commemorate Veterans Day and honor the service and the sacrifice of all who have worn the uniform of the United States of America,” Obama said in a written statement. “No veteran who fought for our nation should have to fight for a job when they come home, and I urge the House to pass these tax credits as well so I can sign them into law.”

Today marks the first time a portion of the president’s American Jobs Act has gained approval and Obama, not surprisingly, urged lawmakers to “pass additional jobs proposals in the weeks ahead to help the millions of other Americans who are still looking for work.”

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