Downsized job-creation bill heads toward first Senate vote:

A scaled-back jobs bill backed by Senate Majority Leader Harry Reid, D-Nev., will get its first test in the Senate with a procedural vote slated for today. The $15 billion bill would provide a one-year exemption from Social Security taxes for employers hiring workers who have been unemployed for 60 days or more. Other provisions include expansion of the Build America Bonds program, reauthorization of the Highway Trust Fund, financial assistance for state and local infrastructure projects and accelerated write-offs for businesses investing in equipment.

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