Page 5 - Offering Incentives News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With just a promise to pay after the first month. so these are really huge incentives we're talking about here. a lot of folks -- chrysler, ford, gm especially -- big incentives. on zab, if you're on the market for a saab or hummer, ten grand back at you. >> that ice incredible. does this allow carmakers to stay afloat? is this really helping their bottom line? >> listen, they've all seen tremendous gains from last year, but we know that last year was the bottom in terms of car sales. so they're seeing a lot of gains. you're seeing a lot of folks that were terrified of spending their money and...

>> average loss is somewhere in the area of 40 to 50,000 in this country. those are huge dollars for lenders and investors to lose. it has an impact frankly on the future of the mortgage business. >> reporter: the president's tried in before offering incentives for banks and mortgage services to refinance loans success has been limited by paperwork requirements and tougher verification standards of the of the 1.1 million who applied fewer than 200,000 have received lower cost loans. some see a repetition of earlier mistakes. >> what you are doing is taking the risk the losses in the future and...

And to grow. that's exactly what this jobs bill will help us do. make no mistake, while this jobs bill is absolutely necessary, it is by no means enough. there's more that we're going to need to do to spur hiring in the private sector and bring about full, economic recovery from helping credit-worthy small businesses to get loans that they need to expand to offering incentives to make homes and businesses more energy efficient to investing in infrastructure so we can put americans to work to do the work that america needs done. nevertheless, this jobs bill will make a difference in several imp...

Going to need to do to spur hiring in the private sector and bring about full economic recovery from helping credit-worthy small businesses to get loans that they need to expand to offering incentives to make homes and businesses more energy efficient, to investing in infrastructure so we can put americans to work doing the work that america needs done. nevertheless, this jobs bill will make a difference in several important ways. first, we will forgive payroll taxes for businesses that hire someone who's been out of work at least two months. that's a tax benefit that will apply to unemployed ...

But what we can do is promote a strong dynamic private sector. the true engine of job creation in our economy. we can help to provide an impetus for america's businesses to start hiring again. we can nur tu the conditions that allow companies to succeed and to grow. and that's exactly what this jobs bill will help us do. make no mistake, while this jobs bill is absolutely necessary, it's by no means enough. there's a lot more that we're going to need to do to spur hiring in the private sector and bring about full economic recovery from helping credit-worthy small businesses to get loans, that ...