Young Supports Another Bipartisan Jobs Bill

Press Release

Rep. Todd Young (R-IN9) voted in support of a bipartisan jobs bill on Wednesday as it easily passed the House of Representatives by a vote of 422-0. H.R. 674--which passed the Senate on a 95-0 vote last week--repeals a 3% withholding requirement for some government contractors, businesses and Medicare recipients, and includes provisions to help veterans returning from overseas find private sector employment.

"Slowly but surely, we're doing the work that Americans sent us to do," said Young. "Job creation has been my top priority in office, and it remains the top priority for most Hoosiers. I'm happy to see us work together to make another stride towards creating a jobs-friendly economic environment."

H.R. 674 passed the House on October 27 as a measure to repeal the 3% withholding requirement, and was amended by the Senate to include several provisions affecting veterans, many from another House-passed bill--H.R. 2433, the Veterans Opportunity to Work Act--that Young co-sponsored.

"While the overall employment rate hovers around 9%, the unemployment rate among veterans sits above 12%," said Young. "As thousands of troops come home after serving their country, we owe it to them to provide adequate training and employment opportunities as they return to civilian life. As the overall economic climate thaws for everyone, we must ensure that veterans aren't still left out in the cold."

As much of the bill is similar to jobs proposals made by President Obama, he is expected to sign it into law. In recent months, Congress has worked with President Obama to reform the U.S. patent system, pass three free trade agreements, and eliminate new paperwork requirements that were part of the health care reform law, all of which are aimed at helping the American jobs market.

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