Republican Leadership Slams Job Creation Tax Credit

Without waiting for the Obama administration to even propose new legislation creating tax credits for businesses which hire new workers, House Minority Whip Eric Cantor yesterday said credit access was more important to business growth than tax credits for new hiring. "We need to do something to look at how small businesses can access credit, how can they regain their certainty to go ahead and invest capital," Cantor pronounced. "I think that many have demonstrated this type of tax provision is fraught with peril and potential for abuse - and frankly not able to deliver the real results that we want."