The US congress have approved a bill of $17.6 million to create job vacancies. The bill is passed to the President for approval. The features of the bill are the following

Employers would be exempted from social security payroll taxes on the new hirers who were unemployed

Fund highways and transit programs through 2010

Business would be allowed tax break extension for more capital investment such as equipment purchases

This comes after the unemployment rate has not declined in the recent years. The President and his administration has vowed to take measure to accelerate job creation. The US congress did not approve the bill easily. They debated the bill and finally had to approve them. The deadline to apply for extended unemployment benefits is getting closer. The house has to consider roughly $140 million to extend the deadline to the year end.