March 17th, 2010
12:56 PM ET
4 years ago

Jobs bill on way to Obama for signature

New York (CNNMoney.com) - Congress put the final seal of approval on a $17.6 billion job creation bill on Wednesday.

The measure, which has gone through many twists and turns in the House and Senate in recent weeks, now heads to President Obama for his signature. It passed the Senate Wednesday by a 68 to 29 vote.

The legislation will:

– Exempt employers from Social Security payroll taxes on new hires who were unemployed.


- Fund highway and transit programs through 2010.

– Extend a tax break for business that spend money on capital investments, such as equipment purchases.

– Expand the use of the Build America Bonds program, which helps states and municipalities fund capital construction projects.

The bill is a slimmed down version of an $85 billion bipartisan measure crafted by the Senate Finance Committee last month. Senate Majority Leader Harry Reid, D-Nev., stripped out these four measures and put them into a separate bill, saying he hoped lawmakers would pass it more quickly. The new bill passed the Senate on Feb. 24.

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Filed under: Economy • Jobs • Senate
soundoff (23 Responses)
  1. david, CA

    WOW! Only 29 Republicons said no to this jobs bill. We might actually be making progress.

    March 17, 2010 12:58 pm at 12:58 pm |
  2. sensible Cape Coral Fl

    All you Obama haters must be sorely disappointed at the passage of the jobs bill. Now you willl have to find something else to whine about. Poor Babies!

    March 17, 2010 12:59 pm at 12:59 pm |
  3. VETO?

    This bill is clearly not enough. I hope the President considers vetoing this bill.

    March 17, 2010 12:59 pm at 12:59 pm |
  4. The Other Michael in Houston

    And her comes the Republican Jihadist against jobs in 3..2..1. Republicans the new Taliban.

    March 17, 2010 01:04 pm at 1:04 pm |
  5. stop the nonsense

    68-29? A bipartisan bill? It must be the the Green beer!

    March 17, 2010 01:04 pm at 1:04 pm |
  6. Obama Victim

    it was my understanding that the "stimulus bill" was going to create jobs...well, I guess not....787 billion down the drain..nice going Obozo

    March 17, 2010 01:08 pm at 1:08 pm |
  7. Cheerleader for Jobs

    It's about time Congress got something done, especially when it comes to jobs. I believe this Jobs Bill will work, So give it a chance to work.

    March 17, 2010 01:09 pm at 1:09 pm |
  8. Save America, impeach the treasonous republicans

    I am surprised that there was any republican support after the earmarks were removed. I guess not all republicans are self serving arrogant piles of crap. Who would have thought?

    March 17, 2010 01:11 pm at 1:11 pm |
  9. Moving The Ball

    So much for the idealogical Parrots / Minabirds that repeat the Republican Talking Points.

    It would seem this President can walk & chew gum at the same time. A jobs bill and a healthcare reform bill in the span of a few weeks. Well done sir!

    Never underestimate the smart kids ... the geeks...

    March 17, 2010 01:15 pm at 1:15 pm |
  10. Republicans Are The American Taliban

    Since the leaders of the Taliban Party say that President Obama is not a citizen....his signature on the bill will have no legal effect. Tea Party and Extreemist Taliban party members nationwide should then refuse to participate in this insult to our founding fathers...

    March 17, 2010 01:17 pm at 1:17 pm |
  11. Claudia, Houston, Tx

    Read about America's monetary value (the dollar vs. euro) and you will better understand the economics behind the what and why it's necessary for President Obama to make the decisions he does. Don't take my word for it, don't take the president's word, don't take the media's word or any political parties word, READ FOR YOURSELF.

    March 17, 2010 01:24 pm at 1:24 pm |
  12. Fitz In Texas

    What does this make, the 3rd jobs bill?......and still no jobs. Yep, that "Hope and Change" sure is bringing on those jobs. Just ask all the unemployed that are having a difficult time living day in and day out.

    March 17, 2010 01:32 pm at 1:32 pm |
  13. Brink

    Let's hear some negativity from the GOP on this since they obviously were unable to block its passage.

    March 17, 2010 01:33 pm at 1:33 pm |
  14. Repubhypocrites

    Now will hateful Republicans and flip flopper dems and tea baggers stop saying that "we are not focusing on jobs". No you will find something else to complain about.

    March 17, 2010 01:37 pm at 1:37 pm |
  15. Marty, FL

    Good to hear...many thanks to Congress and President Obama for supporting this jobs bill for our fellow Americans looking for work.

    March 17, 2010 02:06 pm at 2:06 pm |
  16. Lets all call Limbaugh and crash his computor system

    Lets post the names of the 29 that voted against the bill in the public square and never forget their names.

    March 17, 2010 02:08 pm at 2:08 pm |
  17. Rush is to far left

    Well, better than nothing. Obama should have been putting the effort into this rather than that HCR fiasco that will make his legacy as the worst president in history, rather than an ok president. He could have gotten more approval for helping americans get jobs, which are more badly needed. Hmmmm, maybe that is part of his plan.....getting americans jobs would have been good for the country, and that goes agains't his plans.

    March 17, 2010 02:08 pm at 2:08 pm |
  18. johnnie w

    I got NEWS for CNN, and very SHORTLY, President Obama will be SIGNING the HEALTH CARE REFORM BIL as WELL. I have never sen in my LIFE, such a NEGATIVE PARTY , to VOTE against a JOBS BILL , but the GOP, 68 to 29 vote , the Majority of Republicans to not VOTE for Americans to get JOBS, just because of President Obama, getting more Victory ,and KNOCK them OUT in the MIDTERMS,says only one THING,MORONS votes with IDIOTS, am thankful for our President , being Able to look out for the American People, and the DEMOCRATS stepping up their GAME,and those Republicans who DARED to vote for this , they know they are in PANIC MODE for 2010 Destuction for the PARTY OF NONSENSE.. Everything is ALWAYS ,Political with these CLOWNS, and the BACKLASH is coming, to a VOTING BOOTH in NOVEMBER. I have never SEEN a PARTY try to BLOCK BILLS ,that are for the HELP for JOBS, which the try to CLAIM ,they are so CONCERNED about, BALONEY,they areonly Concerned about regaining POWER, and those Days are in the ABYSS. Cnn also has a DUTY to the American People , to stop Promoting the GOP AGENDA,and START ,serving the Amreican People ,with the TRUTH, point out WHO VOTED against this BILL,and call them OUT,for A CHANGE.We are in RECOVERY MODE,and we NEED alot of UNITY ,not CLOWNS who CLOWN, 24/7 around the CLOCK,time to GET REAL,and take CARE OF THE AMERICAN PEOPLE, as President Obama says RIGHT NOW.Serving the AMERICAN PEOPLE should be a TOP PRIORITY, CNN , should be Proud of the President SIGNATURE for this BILL, and this BILL was BARELY and CNN you this ,BIPARTISAN.Report the FACTS CNN.....

    March 17, 2010 02:21 pm at 2:21 pm |
  19. S Callahan

    Sounds like Summer jobs...better than nothing.

    March 17, 2010 02:24 pm at 2:24 pm |
  20. Angela

    this is a joke right? it is a watered down bill!! your jobs won't be shipped overseas, you have healthcare and you have retirement benefits.

    what about us?

    March 17, 2010 02:36 pm at 2:36 pm |
  21. Preston kathy

    Preston kathy go mr president hope you and mrs obama drink green beer today

    March 17, 2010 02:39 pm at 2:39 pm |
  22. Alfalfa

    The percentage of the Obama Administration made up of people having been employed in the private sector (you know business people) is reportedly 8%, that means 92% of this Administration have spent their entire adult lives feeding off the taxpayer teat. This is the lowest percentage ever reported...

    Jobs, what do they know about working to make a living, we carry them on our backs!

    March 17, 2010 02:47 pm at 2:47 pm |
  23. Texas Jack

    Employers are not the one who pay this tax. The employee does. What kind of idiots do you take us for. You people in congress have been spending our money now for years until we've just about got nothing to pay our old folks with. You play around with medicare like its costing the government something. You idiots don't take us for the same. What do you think we pay for each month that we worked and then when we retired to draw SS our medicare policy jumps to the same leve as any other health insurance. You my snowball ignorance but you can't snowball this used to be Democrat for fifty year no more. Your putting Obama and his ignorance of selecting the staff member he did is enough to make one puke.

    March 17, 2010 02:49 pm at 2:49 pm |