House may finally agree on jobs proposal

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Republican and Democratic lawmakers have so far failed to agree on any aspect of President Obama’s jobs proposal, but that may finally change this week.

Lawmakers and Obama agree that a new rule requiring the government to hold back 3 percent of its payments to contractors, government vendors and Medicare providers should be repealed before it even takes effect in 2013. The rule was devised to crack down on federal contractors who fail to pay taxes, but there’s a consensus now that the provision is a possible jobs killer in a down economy.

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