A Tax Credit for 2 Million Companies
Your Daily Snapshot for
Thursday, May 17, 2012
A Tax Credit for 2 Million
Companies
Nearly 2 million companies that make new hires or increase wages would receive a tax credit under the small business hiring income tax credit President Obama is calling on Congress to pass.
The tax credit, the third item on President Obama's To-Do List for Congress, would encourage more than $200 billion in new hiring and pay raises -- growing the economy, creating jobs, and strengthening the recovery.
Find out what the President is doing to help small businesses.
In Case You Missed
It
Here are some of the top stories from the White House blog:
Jon Bon Jovi Helps Young Americans Find
Summer Jobs
Employers have listed more than 300,000
jobs, mentorships, and other employment opportunities
through Summer Jobs+.
President Obama Visits Taylor
Gourmet
President Obama stops by a Taylor Gourmet
restaurant in Washington, DC to talk about how his To-Do
List for Congress would help small business owners.
President Obama Congratulates the LA
Galaxy
President Obama welcomes the LA Galaxy to the
White House to congratulate the team on its 2011 Major
League Soccer Cup Championship.
Today's Schedule
All times are Eastern Daylight Time (EDT).
2:00 PM: Press Briefing by Press Secretary Jay Carney and National Security Advisor Tom Donilon [*]
[*]Indicates that the event will be live-streamed on WhiteHouse.gov/Live
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ENDS