Sunday, November 20, 2011
Blog Post #9
The senate found a way for a measure that would repeal a tax withholding program on government contractors and provide tax incentives for companies that hire veterans. President Obama has a job plan that plans to gain momentum in Congress. The job plan is to hurry the hiring process along with hiring veterans. Obama promoted this approach on Veterans Day just this year. There is a withhold on the tax however and congress is trying to take away that withhold. It is said that with this repeal will reduce federal revenues by $11 million in over ten years. This tax costs a lot of money so to do so the House passed another bill, which would also fix an error in the health care law that would allow free Medicaid for the poor. It has become a big struggle to let the Veterans of Iraq and Afghanistan go into work. I believe everyone should have the right to a job and apparently it’s hard for veterans to get hired. Obama is trying to make it easier for their right to get a job after coming home from war. He is trying to urge Congress to pass a tax credit of up to $9,600 for companies that hire veterans. The jobless rate for veterans of those wars is 12.1 percent and more than 850,000 veterans are without work. Veterans should not have to come home from war and not be able to work like the rest of us. They shouldn’t have to fight for their countries and not come home to not have as much of rights as the rest of us with jobs.
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