The U.S. Department of Labor (DOL) has published a report summarizing the Work Opportunity Tax Credit (WOTC) wages and occupational data for FY 2013 and 2014, and for the first half of FY 2015. This tax incentive is intended for federal employers who hire and retain individuals who traditionally face barriers to employment, including people with disabilities and veterans. The information spans across national, state, as well as regional lines. For more information, please visit http://www.doleta.gov/business/incentives/opptax/.
Rep. Rosa DeLauro (D-CT) introduced H.R. 5727, the Rebuild America Act of 2012. This is a companion to S. 2252, introduced in April by Sen. Tom Harkin (D-IA). The bill seeks to improve the employment and economic security of America’s middle class. Among its many provisions, the bill proposes to strengthen Social Security through a balanced approach that advances solvency of the Social Security Trust Funds while also enhancing the benefit calculation formula and annual cost-of-living adjustments for all Social Security programs, including Supplemental Security Income. The bill also proposes to extend the Work Opportunity Tax Credit (WOTC) program through 2015 and to expand and increase the WOTC for workers with disabilities. The Arc supports these two provisions. The bill was referred to multiple House Committees.