On Tuesday, the House passed H.R. 3630, the Middle Class Tax Relief and Job Creation Act. This bill includes several extensions to current provisions set to expire at year's end, including a one-year extension of the payroll tax holiday which is fully paid for in spending cuts.
H.R. 3630 also:
Fundamentally reforms unemployment insurance.
One example of this reform is that it gives states the authority to administer drug tests to recipients of unemployment insurance.
Two-year freeze on cuts to physicians providing them with payment certainty, the longest since 2004.
This bill creates jobs by
Approving the Keystone pipeline project
Repealing the harmful Boiler MACT regulation.
Congressman Steve Womack voted for H.R. 3630 and released the following statement shortly after the vote:
"While this bill isn't perfect, there are some great aspects to it. For example, the one-year Payroll Tax Holiday extension will continue to serve as a much needed relief to the budgets of many middle class American families, and it's completely paid for without raising tax revenues.
"H.R. 3036 continues the House Republican's push for job creation. This bill will expedite the XL Keystone pipeline project, creating thousands of jobs for Americans in desperate need of work. It also repeals the onerous regulations of Boiler MACT, which will create a number of jobs as well in communities throughout the country.
"As I mentioned, this bill is not perfect, but it is my strong belief that with its passage, our country is taking yet another positive step in the right direction."