Blumenthal Applauds Passage of Job-Creating Omnibus and Tax-Extender Legislation

Statement

Today, U.S. Senator Richard Blumenthal (D-Conn.) applauded job creating provisions of the Consolidated Appropriations Act and the Protecting Americans from Tax Hikes Act, which the Senate approved by a vote of 65-33:

"This measure gives Connecticut businesses tools to innovate, create jobs, and drive economic growth that will ripple across our state -- my top priorities in the Senate. Listening to business owners throughout Connecticut, I fought for permanent tax credits for research and development, tax deductions for equipment purchased by small businesses, and support for renewable energy manufacturers -- all hugely important to Connecticut businesses. These successes are an important next step to business growth and jobs -- but requiring more support and progress in the future.

"For transit users, there are deductions for employer-provided commuter benefits up to $250 per month, along with significant funding for safety advances such as Positive Train Control and rail-grade crossing improvements. Jobs, economic growth, and national security will be fueled by significant funding for Connecticut manufacturers' vital submarines, Joint Strike Fighter, and helicopter programs. Connecticut families can count on an Earned Income Tax Credit and Child Tax Credit that better reflect the cost of living today and provide more spending money that, in turn, fuels economic growth.

"And the bill provides tax incentives for hiring veterans and the long-term unemployed, restaurant and retail facility improvements, and business investment, as well as robust funding for job training, community development, and economic revitalization.

"This bill also finally extends access to health care for the brave first responders who put their own health at risk in the days and weeks after 9/11. There was no limit to their bravery over those weeks, and there should be no limits to their access to health care today."

Source