American Jobs Act
Returning Heroes Tax Credit
But we need to do more. That's why, as part of the American Jobs Act, I called on Congress to pass a Returning Heroes Tax Credit, which would give businesses a tax break for each unemployed veteran they hire; and a Wounded Warriors Tax Credit, which would give businesses a tax break for hiring an unemployed veteran with a disability related to their service in uniform.
These proposals will go a long way towards putting our veterans back to work. And on Thursday, I was pleased to see the Senate put partisanship aside and came together to pass these tax credits. After all, standing up for our veterans isn’t a Democratic responsibility or a Republican responsibility – it's an American responsibility. It's one that all of us have an obligation to meet. And the House should pass this bill as soon as possible so I can sign it into law.
As Commander-in-Chief, I want every veteran to know that America will always honor your service and your sacrifice – not just today, but every day. And just as you fought for us, we're going to keep fighting for you – for more jobs, for more security, for the opportunity to keep your families strong and America competitive in the 21st century.
So to all our veterans – thank you for your service. God bless you. And may God bless the United States of America.