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On Today's Show

Thursday, September 02, 2010

The Ed Schultz Show broadcasts from 30 Rock in New York City!

Leo Gerard, President of the United Steelworkers International, joins the 1st hour of Thursday's show to discuss The One Nation Rally.

Brent Budowsky, columnist for The Hill, joins the 2nd hour of Thursday's show to discuss the midterm elections and what the Democrats can do to stop the Republicans.

Comedian and frequent ED Show contributor Lizz Winstead joins the 2nd hour of Thursday's show to discuss the insanity of the GOP.

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away, bringing them together for ceremonial handshakes at the White House. We'll give you the details.

Some of the most senior Democrats in conservative districts are facing what could be their most difficult races ever. We'll talk about it.

The Discovery Channel Hostage-taker, who was shot to death by police on Wednesday, said he did it because he hated the channel's programming. We'll bring you the latest.
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News
House to vote on tax breaks for new hires

Posted on 3/4/2010

The House votes Thursday on a measure that has highway funding with tax breaks for companies that hire unemployed workers.

The bill appears headed for House passage as Democrats work to send President Barack Obama the first of several promised election-year jobs bills.

The House is expected to amend the measure to conform with so-called pay-as-you-go budget rules that have become an article of faith among moderate Democrats.

House Details
The jobs bill contains 2 major provisions.

The first provision would exempt businesses hiring the unemployed from the 6.2 percent Social Security payroll tax through December and give them an additional $1,000 credit if new workers stay on the job a full year.

The Social Security trust funds would be reimbursed for the lost revenue.

The second provision would extend highway and mass transit programs through the end of the year and pump in $20 billion for the spring construction season.

The money would make up for lower-than-expected gasoline tax.

Senate Efforts
The Senate is working on a $100 billion-plus bill that would extend unemployment assistance, revive a number of popular but expired tax breaks, help states with soaring Medicaid costs and prevent doctors from having to absorb big cuts in Medicare payments.

Read the AP story



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