Statement From the Press Secretary on Release of the Draft Bipartisan Senate Jobs Bill

“The President is gratified to see the Senate moving forward in a bipartisan manner on steps to help put Americans back to work. The draft bill released today by Senators Baucus and Grassley includes several of the President’s top priorities for job creation, including a tax incentive to encourage businesses to hire, a tax cut to make it easier for small businesses to invest and expand, further measures to keep people at work repairing our nation’s roads and bridges, and extended unemployment insurance and health care assistance for Americans who are out of work.

“The American people want to see Washington put aside partisan differences and make progress on jobs. The House has already passed a constructive set of measures and the President is hopeful that the draft language presented today will lead to a bipartisan Senate bill. The President looks forward to working with members from both parties on this bill and on the additional job creation measures he has identified, including incentives for energy efficiency investments and increased access to credit for small businesses."