Max Baucus: “The great recession robbed 8 million Americans of one of the best prizes that life offers--their work. That is why for 2…”

“The great recession robbed 8 million Americans of one of the best prizes that life offers--their work. That is why for 2 years now we have been working hard to create jobs. We worked to create jobs by passing the Recovery Act at the beginning of last year. The nonpartisan Congressional Budget Office says that the Recovery Act "increased the number of full-time equivalent jobs by 2 million to 4.8 million compared with what would have occurred." We worked to create jobs by passing the HIRE Act in March of this year. The Treasury Department found "an estimated 4.5 million workers who have been unemployed for 8 weeks or longer were hired by employers who are eligible for the HIRE Act payroll tax exemption." The economists tell us that this small business jobs bill could help small businesses create as many as half a million new jobs.”