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House considering another jobs bill

March 23, 2010

With healthcare reform out of the way, Congress will attempt to nurse the ailing economy.

According to The Hill, House Democrats are now shifting their focus to an $18 billion jobs bill that will fund infrastructure projects and offer tax breaks to small businesses.

Earlier this year, the Senate announced that it would be focusing on a series of jobs bills throughout 2010, and the House appears to be onboard with the tactic.

“We’ve got big-bill fatigue, so it’s about racking up as many victories as possible,” Anne Kim, a former House Democratic aide, told The Hill.

With healthcare reform out of the way, Congress will attempt to nurse the ailing economy.

According to The Hill, House Democrats are now shifting their focus to an $18 billion jobs bill that will fund infrastructure projects and offer tax breaks to small businesses.

Earlier this year, the Senate announced that it would be focusing on a series of jobs bills throughout 2010, and the House appears to be onboard with the tactic.

“We’ve got big-bill fatigue, so it’s about racking up as many victories as possible,” Anne Kim, a former House Democratic aide, told The Hill.

Included in the most recent jobs bill from the House is $7.5 billion to increase federal subsidies for Build America Bonds, which can be used for road and bridge projects. It also includes $2 billion for a capital gains tax exemption for small businesses that will run through 2011.