AS PRESIDENT SIGNS JOBS BILL TODAY, DEMOCRATS RELEASE NEW WEB AD SPOTLIGHTING ROB PORTMAN’S OPPOSITION TO JOB CREATION

Despite Worst Recession In A Generation, Rob Portman Opposed Bipartisan Jobs Bill That Will Create One Million Jobs This Year

“No New Jobs” Found HERE

As President Obama signs into law a new bipartisan bill to create jobs today, the Democratic Senatorial Campaign Committee released “No New Jobs" a new ad slamming Republican Senate candidate Rob Portman for turning his back on job creation at every turn. Yesterday, on a bipartisan basis, the Senate passed the HIRE Act, a commonsense bill that provides hiring incentives and tax relief to small businesses in order to jumpstart job creation and get Americans back to work. The HIRE Act will create over one million jobs this year alone, yet Rob Portman opposed this effort.

“It is Spring time, and Rob Portman seems allergic to job creation," said DSCC Communications Director Eric Schultz. "As the President signs into law a bipartisan bill that will create over one million jobs, Republican Senate candidates across the country, including Rob Portman, opposed this commonsense, job-creation package. The choice for voters this fall is becoming clearer: a choice between Democrats who are working hard to get Americans back to work and revive the economy, and Republicans like Rob Portman who are dead-set on obstructing economic recovery at every turn."

Despite the benefits of the bill, and despite Ohio having a 10.8% unemployment rate and 640,000 unemployed residents, Rob Portman opposed the HIRE Act.

The HIRE Act, a bipartisan job creation package, will create more than a million jobs across the nation by the end of this year alone. The bipartisan bill has four key provisions including a payroll tax holiday for businesses to encourage hiring, additional funds to help small businesses expand, an extension of the Highway Trust Fund to allow more infrastructure investments, and an expansion of the Build America Bonds program to help states finance job-creating infrastructure projects.

According to a new report from the nonpartisan Congressional Budget Office, the American Recovery and Reinvestment Act, which Rob Portman also opposed, created over 2 million last year, has boosted the US economy by 3.5%, and has lowered the unemployment rate by up to 2.1%. The CBO projects that the stimulus will have an even greater impact in 2010.

· COLUMBUS DISPATCH: Portman would have voted "no" on jobs bill LINK