Max Baucus: “Over the course of this Great Recession, the American economy has lost more than 8 million jobs. In total, 15 million…”

“Over the course of this Great Recession, the American economy has lost more than 8 million jobs. In total, 15 million Americans remain out of work. We must act to create jobs and get Americans back to work. We began creating jobs with the 2009 Recovery Act. The nonpartisan Congressional Budget Office reports that last year's Recovery Act added 1.2 to 2.8 million people to America's payrolls. In March, Congress passed the HIRE Act. The HIRE Act, which includes a payroll tax exemption for new hires, should help to bolster job creation in the coming months. This week, we are considering the American Jobs and Closing Tax Loopholes Act. That bill will create jobs by providing tax cuts and certainty to American businesses.”