Thursday, September 8, 2011

Obama Proposes $450B Jobs Plan but Will Tell Us in 2 Weeks How We Will Pay For It! But Still wants Congress to "Sign It Now."

Seeking to boost a slumping economy along with his hopes for re-election, President Obama on Thursday night implored Congress to pass a $450 billion jobs plan that he says will give an array of tax cuts to small businesses that hire while reforming the corporate tax code and investing in infrastructure projects.
In a highly-anticipated speech to a joint session of Congress, Obama repeatedly called on lawmakers to pass his plan "right away," saying "there should be nothing controversial" about the American Jobs Act. Obama said all the proposals are paid for with spending cuts although he won't detail them until next week.

Top Democrats who have spoken to the president about the speech say he wants to convey a deeps sense of urgency about the economy and plans to try and back Republicans into a corner.
But top Republicans wonder why it took nearly three years to convey this urgency. They suspect the timing has more to do with the president now trying to save his own job.
"The president's so-called jobs plan is to try those very same policies again and then accuse anyone who doesn't support them this time around of being political or overtly partisan, of not doing what's needed in this moment of crisis," said Senate Republican leader Mitch McConnell. "This isn't a jobs plan. It's a re-election plan."

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A Lesson on how the Government Gets Money to Pay Its Bills......a must watch!

1 comment:

Anonymous said...

And what have the pachyderms done in the same time period? Anything? Their replies were written even before they knew what was in the speech.