President Obama signed into law Monday a bill that provides tax credits for hiring veterans and repeals a 3 percent tax withholding requirement on government contractors.
The bill was passed with overwhelming support Wednesday by the House after earlier approval by the Senate (see Congress Passes 3% Withholding Repeal and Vet Jobs Tax Credits). Both provisions had been part of Obama's jobs bill, the American Jobs Act, but had originated in bills with bipartisan support.
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