Senate Passes $350 billion Tax-Cut Package: Bill now goes to President for Signature

U.S. Senator Chuck Hagel issued the following statement upon passage of the Jobs & Economic Growth Bill:

"This debate has been about economic growth and America's competitive position in the world. If we are to meet the enormous challenges facing this country, we will need sustained economic growth. This means putting more money back in the private sector, which is the engine of economic growth.

"The final tax cut package we sent to the President today is a victory for Nebraska and the American people. We reached the responsible objective of getting money back into the hands of the people who earned it and who will invest it in America's future," Hagel said.