Senate Plans Cloture Vote on Bill Creating Incentives for Hiring Workers

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The Senate will vote today to limit debate on a $17.6 billion bill that would create tax breaks for businesses hiring new workers and expand eligibility for Build America Bonds. Senate Majority Whip Durbin files a cloture motion on the Hiring Incentives to Restore Employment (HIRE) Act (H.R. 2847) and says he expects that a final vote on the legislation will occur soon after the cloture vote, assuming it succeeds at garnering the necessary 60 votes. The bill also would extend surface transportation policy through December, provide the Highway Trust Fund $19.5 billion so it can meet its financial obligations through 2011, and increase the transportation funding baseline from which future legislation is written.