In an effort to reduce Veteran unemployment, the President signed into law the VOW to Hire Heroes Act of 2011 last November. Included in this new law are the Work Opportunity Tax Credit (WOTC), Special Employer Incentive (SEI), and Veteran Retraining Assistance Program (VRAP).
Wrongfully Foreclosed Veterans to Receive Settlements
This week, President Obama announced a series of initiatives to help rebuild the American economy. As outlined in the plan, certain veterans will be entitled to wrongful foreclosure settlements in excess of $116,785. Today, VA Home Loan Centers is announcing its directive to provide free assistance and counseling to those seeking claims for foreclosure relief.
President Obama’s Plan to Put Veterans Back to Work
In his State of the Union address, President Obama called for a new Veterans Job Corps initiative to help our returning veterans find pathways to civilian employment. The Administration’s new veteran employment initiatives, coupled with the work that President Obama has already accomplished in creating employment opportunities for veterans, will help put tens of thousands of veterans […]
Obama proposes tax credits for hiring veterans
(Reuters) – President Barack Obama on Friday proposed $120 million in new tax credits for businesses that hire U.S. veterans returning from Iraq and Afghanistan at a time of stubbornly high unemployment at home. During a visit to Washington’s Navy Yard, Obama unveiled a “reverse boot camp” program to help soldiers return to civilian life and set […]
From Soldiers Defending Washington to Washington Defending Soldiers
Once a strategic defense site for our nation’s capital during the War of 1812, Washington’s Navy Yard hosted President Obama today as he announced the latest efforts in Washington to defend America’s veterans from the clutches of our 9.1% jobless rate—and particularly Iraq and Afghanistan veterans who are suffering from an unemployment rate above 13 […]