Congressman John Barrow (GA-12) voted today to create hundreds of thousands of new small business and construction jobs this year, spur private sector hiring, and help rebuild our crumbling infrastructure. The bipartisan Hiring Incentives to Restore Employment (HIRE) Act will provide tax cuts and incentives to create jobs and strengthen our economy.
"Getting Georgians back to work is my top priority," said Barrow. "This is going to create hundreds of thousands of jobs this year, and it's fully paid for. That's important, because we shouldn't make our kids foot the bill in the future for what we're trying to fix right now"
The HIRE Act includes a payroll tax holiday for businesses that hire unemployed workers to create some 300,000 jobs, and an income tax credit of $1,000 for businesses that retain these employees. It also includes tax cuts to help small businesses invest, expand, and hire more workers, provisions to make it easier for states to take up infrastructure projects such as school construction and energy retrofitting, and an extension of the Highway Trust Fund that allows for billions of dollars in infrastructure development around the country.
"We need to get as many Americans back to work as quickly as possible. And we need to do it in a way that gives working families a chance to succeed again. This is a step in the right direction."