U.S. Senator Kay R. Hagan released the following statement in advance of tonight’s procedural vote on the American Jobs Act.
“There are more than 450,000 North Carolinians and over 14 million Americans out of work. These people don’t need more of the status quo partisan bickering; they need action on jobs and our economy now. Job creation is my number one, number two and number three priority,” said Hagan.
“Today, I plan to vote for the American Jobs Act because it moves our country in the right direction. The legislation includes incentives for businesses to hire our unemployed veterans, a measure I proposed in my Hire a Hero bill. These men and women have sacrificed so much to protect our country, and we owe it to them to help provide a seamless transition into civilian life. This bill cuts employee payroll taxes in half next year for 160 million American workers, and cuts employer payroll taxes in half for 98 percent of American businesses. It reforms unemployment insurance to help 234,000 long-term unemployed North Carolinians get back to work. And it makes long overdue investments in infrastructure projects, from airports to railways and bridges to broadband.
“As I have always said, I will support any effort that is good for North Carolina and will create an economic climate that allows business owners to expand their companies and hire more North Carolinians. The American Jobs Act fits the bill, and I am proud to support it.”