Across the Aisle
Thursday, Senate Republicans and Democrats passed a bill that will make it easier for unemployed veterans to find work and repeal a tax on government contractors. These two bills were picked out of President Obama’s original $447 billion jobs bill.
Businesses that hire disabled veterans who are out of work for at least six months will receive tax credits of up to $9,600. In 2013 the government was set to pass a 3 percent income tax withholding on payments over $10,000. Under this bill, that will no longer be the case for federal and state government contractors.
This process, the one of finding common ground on legislation when two parties seem far apart, should serve as an example for Congress as a way to find solutions.
On Wednesday the Environment and Public Works Committee in the Senate voted unanimously to pass a bill that could create up to 1 million jobs and repair America’s infrastructure, according to Sen. Barbara Boxer (D-CA).
Democratic and Republican leaders praised one another for their ability to work across the aisle and come to a solution for Americans across the country.
Beyond the compliments and kind words, America’s leaders must continue to restore faith in their ability to come to decisions on contentious topics.
Congressional Insider Trading Bill
Sen. Kirsten Gillibrand (D-NY) and a bipartisan group of senators, including Sen. Marco Rubio (R-FL), will introduce legislation to prohibit members of Congress from engaging in insider trading.
The legislation redefines insider trading to include knowledge gained from congressional work and service, creates rules and reporting requirements and requires political intelligence consultants to register as lobbyists. It would also empower the Securities and Exchange Commission to prosecute members of Congress for insider trading.
Congress must find ways to reach solutions on cross-party issues. America’s leaders should build on common ground to find compromise even when party positions keep them apart.