McConnell: GOP may support ‘jobs bill’

Andrew Taylor
Associated Press

The top Republican in the Senate said Sunday that GOP lawmakers “may well” vote for a jobs bill, though it’s not clear whether they will allow a Democratic measure to advance right away.

Sen. Mitch McConnell, R-Ky., prefers a costlier version drafted with GOP input and he didn’t commit his support to advance the legislation on Monday to a final vote this coming week.

The pending measure would provide businesses that hire the unemployed a one-year break from payroll taxes and a $1,000 tax credit if those workers stay on the job for a full year. The tax breaks would cost about $13 billion.

The measure would extend a tax break for small businesses buying new equipment, provide an additional $20 billion infusion of highway and transit money, and help states and local governments finance big public works projects.

Senate Democratic leader Harry Reid, D-Nev., upset Republicans this month when he scrapped a bipartisan measure that had many more proposals that weren’t directly aimed at boosting job growth…

…Reid said he was hopeful of winning the support of newly elected Massachusetts Republican Scott Brown, saying he was having “real good luck” with Brown…

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