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Keyword: jobsplan

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  • Eric Cantor says no to an all-or-nothing approach to the president’s jobs plan

    09/16/2011 7:28:29 AM PDT · by SeekAndFind · 5 replies
    Hotair ^ | 09/16/2011 | Tina Korbe
    Few people are enthused about the the president’s jobs plan, as Obama’s low approval and climbing disapproval rates attest, but Republicans have said they’re willing to work with him on some of his proposals. House Budget Chairman Paul Ryan, for example, has said his vision and the president’s vision might overlap in the territory of corporate tax reform. That doesn’t mean, however, that House leadership concedes the importance of comprehensively passing the president’s bill with all the urgency Obama has sought to make seem imperative. In fact, House Majority Leader Eric Cantor (R-Va.) said today on CNBC that Republicans are...
  • Instead Of Obama's Jobs Plan, Let's Pass Something That Will Work

    09/16/2011 6:49:07 AM PDT · by SeekAndFind · 3 replies
    Forbes ^ | 09/16/2011 | Peter Ferrara
    EXCERPT: Congressional Republicans can hammer out a deal with Congressional Democrats for tax reform somewhere between what House Budget Committee Chairman Paul Ryan proposed in the budget passed by the House, and what the Simpson-Bowles Commission appointed by President Obama proposed. There are enough Senate Democrats who support the Simpson Bowles proposals to pass such a bill through the Democrat controlled Senate. That would involve reducing the federal corporate tax rate from 35% to somewhere between 20% to 25%, and closing enough loopholes to make Obama corporate crony General Electric pay some corporate income taxes. Ryan proposed individual tax reform...
  • When Will President Obama Put Americans' Jobs Ahead of His Own? (Unemployment might reach 15%)

    09/15/2011 1:40:31 PM PDT · by SeekAndFind · 10 replies
    RCM ^ | 09/15/2011 | Peter Morici
    <p>As President Obama campaigns for more government spending-a.k.a. his jobs plan-new unemployment claims provide fresh evidence the economy is stalling and in danger of slipping into a second recession. Big government could easily take unemployment above 15 percent and create a hole too big to ascend.</p>
  • John Boehner Retorts To Obama, Presents Republican Position On Jobs Plan

    09/15/2011 10:53:05 AM PDT · by SeekAndFind · 6 replies
    Zero Hedge ^ | 09/15/2011 | Tyler Durden
    By now we have repeatedly seen and heard Obama's vision of the American Jobs Plan, which as has been discussed previously is dead on arrival, specifically due to Republican opposition. As to what the republican oppose specifically, watch below as Boehner gives the first public appearance presenting the republican talking points on the AJA.And here are the prepared remarks from Boehner's website:In an address to the Economic Club of Washington today, House Speaker John Boehner (R-OH) will call for bipartisan action to “Liberate America’s Economy” from the shackles of excessive regulation, higher taxes, and out-of-control spending that are stifling...
  • VIDEO: Dem Rep on Obama's $447 Billion 'Jobs Plan': How Will We Get Groceries to People in Space?

    09/14/2011 9:22:29 AM PDT · by blog.Eyeblast.tv · 5 replies
    Rep. Jim McDermott appeared on Fox News to push President Obama's $447 billion 'jobs plan'. While doing so, he somehow shifted the focus to the space program stating, "We have no way of getting groceries to our people who are up in the space lab" while trying to make the case. As Jim Hoft from Gateway Pundit points out: "Last we checked – Obama shut down the shuttle program, Jim."
  • Hill Dems pick apart Obama jobs plan (His own party rips his jobs bill)

    09/14/2011 6:53:16 AM PDT · by SeekAndFind · 18 replies
    Politico ^ | 09/14/2011 | Manu Raju
    President Barack Obama’s new jobs plan is hitting some unexpected turbulence in the halls of Congress: lawmakers from his own party. As he demands Congress quickly approve his ambitious proposal aimed at reviving the sagging economy, many Democrats on Capitol Hill appear far from sold that the president has the right antidote to spur major job growth and turn around their party’s political fortunes. “Terrible,” Sen. Jim Webb (D-Va.) told POLITICO when asked about the president’s ideas for how to pay for the $450 billion price tag. “We shouldn’t increase taxes on ordinary income. … There are other ways to...
  • McConnell: Obama playing politics with plan to raise taxes (GOP will Filibuster Any Tax Increases)

    09/13/2011 12:10:17 PM PDT · by SeekAndFind · 6 replies
    The Hill ^ | 09/13/2011 | Alexander Bolton
    Senate Minority Leader Mitch McConnell (R-Ky.) on Tuesday morning said President Obama’s plan to raise taxes to pay for a $447 billion jobs bill had no chance of passing the Senate. He called Obama’s jobs package — announced last week to a joint session of Congress — a political exercise, describing it as “disappointing.” McConnell’s forceful criticisms of the plan signal Obama will have a difficult time passing any of his proposal through Congress. There is also brewing Republican opposition to an extension of the payroll tax holiday, which GOP lawmakers have viewed skeptically as a temporary fix. McConnell said...
  • Obama's Jobs Spending Plan: $250,000 Per Job

    09/13/2011 8:49:52 AM PDT · by SeekAndFind · 13 replies
    CNBC ^ | 09/13/2011 | John Carney
    Barack Obama's jobs plan may be one of the worst policy proposals I've ever seen. As I pointed out last week, the plan to "pay for" the jobs proposal with tax hikes is just lunacy. It eliminates every bit of stimulus effect that could possibly come from additional government spending. Over at Zero Hedge, John Poehling has run the numbers on the American Jobs Act (AJA). Even if you take very optimistic figures, the jobs bill turns out to be unbelievably costly. For those eager to put some math to the rhetoric coming from the White House over the president's...
  • Feeling spent (New Jobs Plan: If at first you don't succeed, spend, spend again)

    09/12/2011 7:56:06 AM PDT · by SeekAndFind · 4 replies
    New York Post ^ | 09/12/2011 | Michael Tanner
    President Obama has apparently adopted the old adage “If at first you don’t succeed . . . spend, spend again.” On Thursday night, the president laid out his plan for job creation, a $447 billion stimulus proposal, most of which we have seen before. After all, if Congress passes this new round of government spending, it would be the seventh such stimulus program since the recession began. George W. Bush pushed through two of them, totaling some $200 billion, and Obama already has enacted four more, with a total price tag of roughly $1.3 trillion. The result: Three years and...
  • The Obama Jobs Plan: 10 Reasons Why It Is A Bad Joke

    09/10/2011 3:26:50 PM PDT · by SeekAndFind · 15 replies
    The Economic Collapse ^ | 09/10/2011 | Michael Snyder
    So that was what we have been waiting for? That was what all the hype was about? With a little over a year until the next election, that was the "best shot" that Obama has for fixing the unemployment crisis in this country? The Obama Jobs Plan (also now known as "the American Jobs Act") is going to cost $447 billion and it is going to do next to nothing to create more jobs. Many Americans were hoping for something bold and new from Obama, but instead what they got was a bad joke. When Obama stated that there...
  • Romney Announces Jobs Plan (Goal is at least 4% GDP, Restore Prosperity by His First Term)

    09/07/2011 8:42:55 AM PDT · by SeekAndFind · 37 replies
    National Review ^ | 09/07/2011 | Katrina Trinko
    Mitt Romney is putting meat on the bones of his contention that he will be the nation’s turnaround artist. Romney announced his jobs plan — an array of specific steps packaged in a 160-page tome entitled “Believe in America” — in a speech in North Las Vegas, at McCandless International Trucks Inc. The end goal of his plan is a restoration of national prosperity by the completion of his first term. “The entire jobs-and-economic-growth plan will achieve about 4 percent year-over-year GDP growth,” a Romney aide asserts, citing the campaign’s economic models. “This means the economy will create eleven and...
  • Villaraigosa lobbies Washington with jobs plan

    08/31/2011 9:07:28 AM PDT · by NormsRevenge · 10 replies
    Los Angeles Times ^ | 8/30/11 | Richard Simon
    In an effort to bring down the stubbornly high unemployment rate, Mayor Antonio Villaraigosa is lobbying Washington officials to give local workers an advantage in winning some of the more than 166,000 jobs expected from transportation projects planned for the region. Federal rules prohibit local hiring preferences on federally funded transportation projects, under the premise that all U.S. taxpayers help to pay for the work and should have an equal shot at getting the jobs. The rule also stems from concern that making local hiring a factor in awarding contracts will increase the cost of projects. But with Washington jittery...
  • Government Could Create a Million Jobs, Obama Says

    08/30/2011 5:21:25 PM PDT · by 2ndDivisionVet · 61 replies
    The Wall Street Journal ^ | August 30, 2011 | Jared A. Favole and Carol E. Lee
    <p>As President Barack Obama prepares to pitch a new jobs plan to Congress, he said Tuesday there are steps the government can take that could add up to a million jobs to the U.S. economy and boost growth by 1.5%.</p>
  • Obama says jobs plan will have bipartisan appeal

    08/29/2011 11:31:53 AM PDT · by freespirited · 51 replies
    LA Slimes ^ | 08/29/11 | Michael Memoli
    President Obama said Monday that the jobs plan he will unveil next week will include ideas with bipartisan appeal. Speaking in the White House Rose Garden, Obama said his proposals will "put more money in the pockets of working families and middle-class families." The president's plan, to be unveiled after Labor Day, is expected to include tens of billions of dollars to renovate thousands of public schools and a tax break to encourage businesses to hire new workers, according to people familiar with White House deliberations. Though he did not offer such specifics in his remarks, Obama said his proposals...
  • Is Obama's "specific" jobs plan now just an outline?

    08/22/2011 11:43:43 AM PDT · by SeekAndFind · 26 replies
    Washington Examiner ^ | 08/22/2011 | Philip Klein
    Last Monday, President Obama made news by promising to give a speech in September detailing, "a very specific plan to boost the economy, to create jobs and to control our deficit." But has that "very specific plan" already been downgraded to an outline? That is, at least, the impression I got watching Obama advisors Robert Gibbs and David Axelrod on yesterday's Sunday morning shows. "The president is going to outline a short-term plan to accelerate the economy," Axelrod said on ABC's This Week, "in the face of the hits we've taken, because of the Arab Spring and oil prices, because...
  • Obama's Jobs Policies Will Reduce Job Opportunities

    08/18/2011 10:20:24 AM PDT · by SeekAndFind · 8 replies
    Real Clear Markets ^ | 08/18/2011 | Diana Furchtgott-Roth
    The White House announced that President Obama will deliver a major address on job creation early in September. Mr. Obama could address proposed Labor Department regulations that would hobble employers with paperwork, reducing hiring. These regulations include affirmative action rules for minorities and women at on-site construction jobs for federally-funded projects; requirements for federal contractors to keep records of the race, sex, and earnings of employees; rules governing dust levels in coal mines; and rules to expand preferences for veterans in the workplace. Such regulations are even more extraordinary in light of Mr. Obama's avowed pursuit of regulatory simplicity and...
  • U.S. Democrats Tout Their Election-Year Jobs Plan

    06/19/2004 2:33:05 PM PDT · by NormsRevenge · 20 replies · 227+ views
    Yahoo ^ | 6/19/04 | Reuters - DC
    WASHINGTON (Reuters) - Democrats on Saturday called on Republicans to join them in an effort to curb the shipping of American jobs abroad. "It's a shame when the White House's top economic advisor says outsourcing of American jobs is inevitable, or even that it benefits our economy," Rep. Nick Lampson of Texas said in the Democrats weekly radio address. "Americans know our country gains when we export American goods -- not American jobs." Democrats in the U.S. House of Representatives this week proposed their "American Jobs Plan," similar to one by the party's presumptive presidential nominee, Sen. John Kerry (news...