Senate sets up passage of 3 percent bill with provisions to help vets

Keep an eye on the Senate floor: That’s likely the place for all the action on Thursday with the Senate setting up to pass a bill repealing the 3 percent withholding rule with an amendment that would provide tax incentives for business that hire veterans and take several steps aimed at helping returning veterans transition to civilian employment.

On Tuesday, Senate Majority Leader Harry Reid said he wants to ensure that a measure repealing a government withholding provision still targets contractors who evade their taxes.