The Senate voted overwhelmingly Thursday to pass two modest pieces of President Obama’s jobs bill.
The final vote was 95-0 with one senator voting “present.” The legislation, which is expected to pass in the House, will provide tax credits to businesses who hire unemployed veterans, and, separately, will eliminate a requirement that the IRS withhold three percent of government contracts, to assure compliance with the tax code. That requirement isn’t currently in effect, but is scheduled to be implemented January 1, 2012.
The measures are expected to pass the House. Though neither measure is likely to reduce unemployment in a significant way, these will be the first provision of President Obama’s jobs bill to become law — a fact Republicans are citing as evidence that they’re willing to compromise with Democrats to grow the economy.
Republicans are now trying to be seen as the Great Compromisers, giving into President Obama's "demands" in the name of the American people and all that. They're now hoping that they can force the President to give in to the rest of what they wanted in the first place. The President needs to keep the pressure up at this point.
Bring on the next part of the jobs bill and see what the Republicans do.