Jobs Bill on Senate Floor Next Week

Senate leadership has committed to taking up a Jobs bill next week. The details of the package are still being worked out, but the list released by the Senate Democrats includes:

  • Job Creation tax credit
  • UI and Cobra Extensions
  • Bonus depreciation and 179 expensing
  • Highway funding
  • Build America Bonds
  • SBA loans
  • Export Promotion
  • Some energy related tax items

Although it’s not mentioned, we do expect the tax extenders to also be part on the mix. On the other hand, an estate tax fix is not likely to be included. Senator Reid told reporters that he still plans to move legislation restoring the estate tax,

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