Bill Passes Senate On Tax Credit For Corporations That Hire Vets

A unified Senate passed a bill giving tax credits to companies that hire veterans. The bill also repeals the requirement that agencies withhold for taxes, 3 percent of contractor payments. Companies hiring disabled veterans with long-term unemployment would receive tax credits of $9,600 per hire. The bill, which passed unanimously, goes to the House next week. The House is expected to pass it and send it the president for his signature