Senate Jobs Bill Stalled

As we noted last week, the Senate has unveiled their agenda for creating jobs and spurring economic growth, which they had hoped to begin voting on this week. Yesterday, Senate Majority Leader Harry Reid proposed a $15 billion jobs package that will “create jobs immediately”, after rejecting a larger bipartisan bill proposed by Democrat Max Baucus of Montana and Republican Charles Grassley of Iowa, senior members of the Senate Finance Committee. However, two massive snow storms hit Washington, DC this week causing the federal government to shut down for four days and preventing Senate staffers from reporting to work, thus delaying votes on any bill.

In light of the scheduled Congressional recess next week,  Reid has said that the Senate will not take up the legislation until the week of February 22.

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