Acting House Ways and Means Committee Chair Levin: HIRE Act a "Necessary and Responsible Step in Our Economic Recovery"

Sander M. Levin, Acting House Ways and Means Committee Chair, issued the following statement in response to President Obama's signing of the Hiring Incentives to Restore Employment Act: "This law will give businesses, especially small businesses, a boost to hire new workers and continue growing to fuel our economic recovery.  Today's action is one additional step in our continuing efforts to crate jobs and help families and business that are struggling.  By extending these resources to businesses and State and local governments, we can help build on recent progress and put Americans back to work.  This law is a necessary and responsible step in our economic recovery, fully paid for, largely by cracking down on offshore tax abuse."

Posted by Neil I. Rumbak, Associate Editor, Wealth Strategies Journal.