Mr. Speaker, I want to point out that we understand that small businesses are the backbone of this economy. They are the ones creating the bulk of the new jobs. That is why we have extended the hiring credit for small businesses. We expect over 560,000 small businesses across the country to be eligible to apply for this. Those are small businesses that could actually get up to $1,000 back next year as a result of their claims.
We expect that employment will continue to grow. In fact, we just found out that in the month of November alone, 21,600 net new jobs were created. That adds to over one million net new jobs that have been created since July 2009. It is the number one jobs growth record in the G7. It is thanks to smart policies like the hiring credit for small businesses that we are experiencing such great growth in jobs.