Washington, DC – Congresswoman Carol Shea-Porter released the following statement after voting for the Hiring Incentives to Restore Employment (HIRE) Act.
“While New Hampshire’s unemployment rate is still lower than the national average, too many Granite Staters are still looking for jobs in this economy,” said Congresswoman Shea-Porter. “This bill will help by providing important tax cuts to businesses that hire unemployed workers and by funding infrastructure projects that will help create jobs. Every job loss is a tragedy, and I will continue to support legislation that puts people back to work.”
The HIRE Act will help create jobs by providing a payroll tax holiday to businesses that hire unemployed workers and an income tax credit of $1,000 for businesses that retain these employees. It also includes an extension of the Highway Trust Fund, which provides billions of dollars in funding for infrastructure projects.