Reid Ditches Bipartisan Jobs Bill For Slimmer Version

Law360, New York (February 12, 2010, 5:04 PM EST) -- Senate Majority Leader Harry Reid, D-Nev., has abandoned a bipartisan jobs bill introduced Thursday in favor of his own slimmed-down version that cuts out a number of tax credits favored by Republicans, as well as unemployment aid measures.

Reid unveiled the bill shortly after Sens. Max Baucus, D-Mont., and Chuck Grassley, R-Iowa, released the draft language of their proposal Thursday, surprising his colleagues and drawing criticism from some that he was undercutting bipartisan efforts in the Senate.

“Senator Reid's announcement sends a message that he wants...
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