Corporate Freeloaders Act
Republicans in the House of Representatives introduced their own “American Jobs Act” – even though a more apt name for their bill would be the “Corporate Freeloaders Act.” Congressman Louie Gohmert – famous for his fear mongering over “terror babies” and bestiality – introduced the Republican version of President Obama’s jobs plan – and it includes only one provision. No infrastructure spending – no payroll tax cuts – no
It’s up the Gang of 12 to NOT use the same misguided policies - Will they?
The Congressional Budget Office issued a warning to the Gang of 12 Super Committee yesterday – arguing that the nation is on the verge of another recession – and the Gang of 12’s actions could make it worse. “If policymakers wanted to achieve both a short-term economic boost and medium- and long-term fiscal sustainability,” CBO chief Doug Elmendorf told the committee, then they would have to put in place, “changes in taxes and
Welcome to Tea Party rule in America where life is solitary, poor, nasty, brutish, and short
Another Republican debate last night – and this time the crowd stole the show. CNN hosted the Tea Party debate down in Tampa, Florida – which took place in front of a raucous crowd of Tea Partiers unafraid to cheer on radical claims made by the candidates. The debate itself featured some heated exchanges between front-runners Rick Perry and Mitt Romney – over Perry’s description of Social Security as a Ponzi scheme – a cl
America’s infrastructure now ranks 16th in the world...
Our nation’s infrastructure is crumbling. The Sherman Minton Bridge that spans the Ohio River in Louisville, Kentucky was shut down last Friday due to safety concerns after cracks were discovered in the bridge’s load-bearing parts. The Sherman Minton Bridge is just one of several bridges in danger of collapsing –- As the American Society of Civil Engineers points out, 34% of all the bridges in Kentucky are considered “str
What will happen if Republicans say yes?
President Obama challenges Congress. Last night – the President pitched his much anticipated jobs plan to a joint-session of Congress – calling on Members to immediately pass what he’s calling “The American Jobs Act” – a $447 billion proposal – filled mostly with $250 billion worth of tax cuts – with the rest of the money going toward infrastructure spending – aid to states – and an extension of unemployment benefits. The
Why Republicans may throw their support behind the President’s job plan...
With the President set to present his job creation plan to a joint session of Congress tonight – he’s already getting some bad news from economists. Early reports indicate the job’s plan will cost between $300 and $400 billion – with less than half going to actually rebuilding our infrastructure – and the rest devoted to tax cuts and an extension of unemployment benefits. But economists are warning the President that his
It’s time to dump the post-partisan-mantra – and start acting like FDR!
Will $300 billion fix the economy? President Obama hopes so. According to early reports from the White House – the President’s job creation plan set to be unveiled Thursday night will come with a price tag of $300 billion – a number that is likely too high for Republicans to support – given they likely can’t support a $20 dollar job creation package – and also a number far too low for many progressives hoping the Presiden
Meet the New Republican Plan to Create Jobs – George W. Bush, Recycled
Falling behind in the polls – Mitt Romney is expected to lay out his plan for job creation today at an event in Nevada. And like all the other plans put forward by his colleagues on the right – Romney’s job creation plan sounds more like a Christmas list for millionaires, billionaires and transnational corporations, and less like an effective way to get Americans back to work.
Republican governors are hard at work laying off people like teachers
Zero! That’s the number of net new jobs created in America last month. The latest jobs numbers released today show that 17,000 jobs were created in the private sector – making August the 18th straight month of private sector job growth under President Obama’s watch – however that number was offset by 17,000 government jobs that were lost – mostly thanks to Republican governors who are hard at work laying off people like t
Will you be Watching President Obama or the Packers Thursday?
Speaker of the House John Boehner made history yesterday. After President Obama requested a joint session of Congress to announce his new jobs plan next week – on September 7th – Boehner REJECTED the request - and instead suggested Americans should choose between watching the President or the opening day of the football season. According to the Senate historian – never in the history of this nation had Congres