AP Sources: Obama Wants Aid For Unemployed Vets - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

AP Sources: Obama Wants Aid For Unemployed Vets

WASHINGTON (AP) - President Barack Obama is calling on Congress to pass a series of tax credits for companies that hire unemployed military veterans.

Administration officials say Obama will announce the "Returning Heroes" and "Wounded Warriors" tax credits on Friday in Washington. The president's proposal would give companies that hire an unemployed veteran a $2,400 tax credit.

Companies that hire an unemployed veteran with a service-related disability would receive a $4,800 tax credit and a $9,600 credit if the veteran has been unemployed for more than six months.

The administration says there are more than 1 million unemployed veterans in the U.S. One-fourth of those joined the military after the Sept. 11 attacks.

 

The officials would speak only on condition of anonymity ahead of Obama's announcement.  President Obama is scheduled to speak on this topic at 10 a.m. Friday.

 

  • News HeadlinesNewsMore>>

  • No future plans for vacant hotels in Wichita Falls

    No future plans for vacant hotels in Wichita Falls

    Wednesday, March 29 2017 11:33 PM EDT2017-03-30 03:33:02 GMT
    The former hotel sits off I-44 empty and out of businessThe former hotel sits off I-44 empty and out of business

    Wichita Falls city leaders are looking to build a new hotel near the MPEC. Currently, two former hotels near the same site off of I-44 sit empty and out of business. Henry Florsheim, President of the Wichita Falls Chamber of Commerce, said it’s all about location.

    Wichita Falls city leaders are looking to build a new hotel near the MPEC. Currently, two former hotels near the same site off of I-44 sit empty and out of business. Henry Florsheim, President of the Wichita Falls Chamber of Commerce, said it’s all about location.

  • 13 killed in Texas crash between church van, truck

    13 killed in Texas crash between church van, truck

    Wednesday, March 29 2017 7:02 PM EDT2017-03-29 23:02:52 GMT
    Wednesday, March 29 2017 11:21 PM EDT2017-03-30 03:21:11 GMT

    The crash happened near Garner State Park, west of San Antonio.  

    The crash happened near Garner State Park, west of San Antonio.  

  • Activist seeks to purchase internet histories of lawmakers, CEOs

    Activist seeks to purchase internet histories of lawmakers, CEOs

    Wednesday, March 29 2017 6:48 PM EDT2017-03-29 22:48:23 GMT
    Wednesday, March 29 2017 10:52 PM EDT2017-03-30 02:52:25 GMT

    An internet activist has raised nearly $100,000 on a GoFundMe page to purchase the internet histories lawmakers and others who helped pass a resolution that allows broadband and other telecommunications services to sell internet users' private histories. 

    An internet activist has raised nearly $100,000 on a GoFundMe page to o purchase the internet histories lawmakers and others who helped pass a resolution that allows broadband and other telecommunications services to sell internet users' private histories. 

Powered by Frankly