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Archive for Saturday, September 10, 2011

House GOP pledges speedy review of job proposals

September 10, 2011

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House Republicans unexpectedly pledged an immediate review of President Barack Obama’s jobs proposals on Friday as he launched a public campaign for urgent passage of his day-old $447 billion program of tax cuts and new spending. “The time for gridlock and games is over,” the president declared.

“Nothing radical in this bill,” Obama told a large crowd at the University of Richmond on the afternoon after his dramatic speech to Congress. “Everything in it will put more people back to work and more money back in the pockets of those who are working. Everything in it will be paid for.”

Obama’s contentions are unlikely to go unchallenged by Republicans, who have worked without letup for months to cut spending rather than increase it. But he had barely completed his remarks when Speaker John Boehner and other top House GOP leaders released their letter to him declaring “our desire to work with you to find common ground.”

With unemployment at 9.1 percent, they wrote that while their own proposals may differ from Obama’s “we believe your ideas merit consideration by the Congress and believe the American people expect them to be given such consideration.”

The letter was far different in tone from remarks earlier in the day by Senate Majority Leader Harry Reid. Announcing plans to begin work on the legislation as soon as possible, the Nevada Democrat offered no timetable, and urged “reasonable Republicans to resist the voices of those who would oppose this legislation — and root for our economy to fail.”

They must not “continue to bow to tea party Republicans willing to do anything to hurt the president.” That is hurting our economy instead, he said.

Taken together, the day’s events underscored the primacy of the issue of joblessness in a country where millions have been out of work for months, true unemployment exceeds the government’s measurement of 9.1 percent and the economy is barely growing.

“This has been a terrible recession,” Obama said in Richmond, although by traditional guidelines, the economic downturn ended more than two years ago.

Public opinion surveys show Obama’s approval sinking, but Congress’ own marks are exceedingly low, and one of the major unknowns when lawmakers returned from their August vacation was whether political leaders would reach for compromise, or at least disagree more politely than they had this summer.

The president emphasized repeatedly in his speech to a joint session of Congress on Thursday night that his recommendations had been embraced in the past — and in some cases authored — by Republicans.

The centerpiece of his plan is lower Social Security payroll taxes for individuals and businesses, along with new tax credits for companies that hire the long-term unemployed or veterans. Obama also wants to extend the program that provides unemployment benefits through 2012, and renew an existing tax break for businesses that purchase new equipment.

The tax component totals $253 billion, according to the White House, and is accompanied by $194 billion in spending increases.

Much of the spending would go for school construction, highways, bridges and other projects, and states would receive funds to pay teachers and first responders who might otherwise be laid off.

Despite expressions of urgency, it could be weeks or months before debate begins on the floor of the House or Senate on the president’s recommendations.

The White House is not expected to present Congress with formal legislation until the week after next, when the president outlines additional proposals to offset the cost of his tax cuts and new spending.

Additionally, Democratic officials said the White House wanted to allow time for Obama to make the case publicly for his program before formal debate begins in Congress. The president is expected to fly to Ohio and North Carolina next week for appearances along the same lines as the one he made in Richmond — House Majority Leader Eric Cantor’s district — on Friday.

Nor is it clear what role a newly appointed debt reduction committee might play in considering Obama’s proposals. That panel began work on Thursday and is charged with producing legislation by Nov. 23 that includes a net reduction of at least $1.2 trillion on deficits over the next 10 years.

Unlike routine legislation, any measure produced by the committee is guaranteed a yes-or-no vote in both houses of Congress and cannot be amended.

Comments

Richard Heckler 2 years, 7 months ago

BRING ON EMPLOYMENT = THE GREATEST REPUBLICAN FEAR ON EARTH!!!

Keep in mind a prospering america can overcome repub fear mongering... it must.

What is the repub party afraid? Why do they ALWAYS say no?

Repubs:

  • Fear a dramatically improved quality of life for all americans

  • Fear Jobs Jobs Jobs for americans

  • Fear New USA industry thus new wealth for america

  • Fear new cleaner energy sources because it would create so many new jobs and reduce rates across the board

  • Fear Improved Medicare Insurance for All = huge tax dollar savings to government,public schools,small business and all of us in general. Single Payer Medicare is the answer. http://www.healthcare-now.org/

  • Fear Clean Collar Industries which produce jobs that cannot be outsourced

  • Fear educated Americans because WE ask questions

  • Fear llosing of tax incentives/tax breaks for the wealthy that actually create tax increases for entire spectrum of the middleclass

  • Repubs should NOT fear a dramatically improved quality of life for all Americans but they keep saying NO

  • Repubs should NOT fear Clean air, clean water, clean energy and healthy green space scattered throughout America however they always vote NO

  • Repubs fear a dramatically improved quality of life for all WOULD keep them out of control for decades.

BRING ON EMPLOYMENT = THE GREATEST REPUBLICAN FEAR ON EARTH!!!

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