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The Hiring Incentives to Restore Employment (HIRE) Act of 2010 (Pub. L. 111–147 (text), 124 Stat. 71, enacted March 18, 2010, H.R. 2847) is a law in the 111th United States Congress to provide payroll tax breaks and incentives for businesses to hire unemployed workers.
Extends the HIRE Act payroll tax exemption through the end of 2011. Doubles the general business tax credit to encourage businesses to hire the hardest hit Americans. Tier 5 Unemployment Insurance (Under S.3706 Bill): What it does: Provides 20 weeks of additional unemployment insurance for states with 7.5% or higher unemployment.
The act also includes several other tax- and economy-related measures intended to have a new stimulatory effect, mostly notably an extension of unemployment benefits and a one-year reduction in the FICA payroll tax, as part of a compromise agreement between Obama and Congressional Republicans. The overall monetary impact of the measure has been ...
Recent data from the Department of Labor indicates that unemployment remains a problem. As of February, the national unemployment rate was 9.7%. This rate is down from the 2009 high of 10.1% in ...
Senate passes funding bill, now headed to Biden. Congress reached a bipartisan, last-minute agreement to keep the government running 38 minutes after a midnight deadline for a partial shutdown ...
The Emergency Unemployment Compensation Extension Act is a bill that would extend the length of unemployment benefits to cover another three months, until March 31, 2014. The three-month extension would cost $6.4 billion.
A one-year extension of federal farm programs, around $30 billion in economic relief and an agreement that would increase sales of a higher blend of ethanol, called E15, were part of a bipartisan ...
The New Hire Registry is a program established in the United States pursuant to the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA) of 1996, 42 U.S.C. 653a, which required each state, the District of Columbia, and the Federal Government for its own employees, to establish - or contract with a provider to operate - a system where all new hires by any employer must be ...