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President Obama signs HIRE Act into law

March 19th, 2010 - 2:16 am ICT by BNO News ( 1 comment )

WASHINGTON D.C. (BNO NEWS) – On Thursday, U.S. President Barack Obama signed the Hiring Incentives to Restore Employment (HIRE) Act into law, the White House announced.

The initiative is expected to create thousands of well-paid jobs and was passed by the House of Representatives and Senate earlier this month.

“The bill signed into law today as part of an economic agenda that will spur job creation and expedite our economy’s recovery. I’m pleased we were able to move quickly on this essential legislation,” President Obama said.

“This is just one more step in Congress’s ongoing efforts to provide hardworking Americans the jobs they deserve. Since the passage of the Recovery Act last year, Congress has continued to move legislation aimed at creating employment opportunities. Right now the Ways and Means Committee is considering a proposal that promotes small businesses by providing them a series of tax exemptions. We will work tirelessly to ensure that our economy recovers and Americans find the well paying jobs.”

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Posted in Business, Politics |

One Response

  1. Wanda Smith Says:

    If we hire via temp services and the temp services do not avail themselves of the credit is there any way that we can? If the employee met all the citeria when they came through the temp agency (i.e. Labor Ready, etc).

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