WASHINGTON (AP) — The Senate seemed ready Monday to temporarily ease its partisan standoff over President Barack Obama's jobs plan and come together on providing an economic boost to two potent interest groups: veterans and businesses.

Senators were expected to vote overwhelmingly Monday to start debating a bill repealing a requirement that federal, state and many local governments withhold 3 percent of their payments to contractors. That bill has been lobbied by a wide swath of industry groups large and small and has no significant opposition.

By the time the Senate approves the legislation — perhaps later this week — Democrats planned to add language backed by both parties offering tax breaks to companies that hire veterans and providing vets with employment counseling and other job-hunting services.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.