Senate Democrats, American Jobs Bill | featured news

Senate Democrats proposed Friday tax incentives for businesses hiring veterans as well as job training for all service members leaving the military. The measure was unveiled as the next piece in President Obama's jobs bill and as a remedy to unemployment among veterans.

Senate Democrats are poised to bring Obama's jobs bill to the floor for a vote Tuesday, but with passage facing long odds, party leaders may break the legislation into parts, hoping for greater success in smaller increments.

Senate Democratic leaders are proposing a 5% surtax on those earning $1 million a year as a new way pay for President Obama's jobs plan, turning to an issue with populist appeal as they line up support for a vote, possibly next week.