Obama: Jobs bill ‘moment of truth’ for Senate

October 12, 2011 7:42 AM19 commentsViews: 49

Obama: Jobs bill 'moment of truth' for Senate

President Barack Obama says the Senate faces a “moment of truth” as it prepares to vote on his $447 billion jobs bill.

The president says the economy needs a jolt right now, and the Senate has a chance to do something about it.

Nonetheless, the measure is expected to go down to defeat in the Senate late Tuesday, largely because of Republican opposition to stimulus spending and a new tax on millionaires.

Obama spoke in Pittsburgh hours before the vote. Earlier he said he’s prepared to break his bill up into separate parts and move it that way if Congress doesn’t pass it in its entirety.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

President Barack Obama said Tuesday he’s prepared to break his jobs bill into pieces and try to move it that way, hours before the measure faced likely defeat at the hands of Republican senators opposed to stimulus spending and a tax surcharge on millionaires.

“I don’t know how Congress will respond to the overall package, but our expectation is if they don’t pass the whole package we’re going to break it up into constituent parts,” Obama told members of his jobs council in Pittsburgh not long before the first congressional vote on the $447 billion jobs plan.

The plan combines payroll tax cuts for workers and businesses with $175 billion in spending on roads, school repairs and other infrastructure, as well as unemployment assistance and help to local governments to avoid layoffs of teachers, firefighters and police officers.

Republicans say that the current plan is just another failed stimulus attempt.

“It’s not a jobs bill. In our view, it’s another stimulus bill,” Senate Minority Leader Mitch McConnell, R-Ky., told Fox News last week. “I don’t think it’ll pass and I don’t think it should.” House GOP leaders say they won’t bring the measure to the floor.

Despite Republican opposition to new spending, Obama singled out public works infrastructure spending in the plan as something that should move quickly.

“Having relevant businesses get behind an effort to move this infrastructure agenda forward is a priority,” Obama told the group of corporate and labor leaders Tuesday.

“We’re going to need a push I think from the business community in particular in order to get this across the finish line,” he said.

The White House remains hopeful that infrastructure spending is one of the areas where they can get Republican votes.

After meeting with his jobs council and giving a speech in Pittsburgh, Obama was to appear later Tuesday in Orlando, Fla., with a group of unemployed construction workers that the White House said would benefit from passage of the jobs plan. Both states are crucial to his re-election race next year.

The key elements of the jobs package reprise parts of Obama’s $800 billion-plus 2009 stimulus measure and a Social Security payroll tax cut enacted last year. Unlike the controversial deficit-financed stimulus bill, the jobs measure would be paid for by a 5.6 percent surcharge on income exceeding $1 million that raises more than $450 billion over a decade.

In making the case for the bill, the White House cites economists like Mark Zandi of Moody’s Analytics, who predicts that the measure would add 2 percentage points of growth to the economy, add 1.9 million payroll jobs, and reduce unemployment by a percentage point. But Republicans point to optimistic predictions about the 2009 measure that didn’t come to pass; unemployment hovers just above 9 percent nationwide.

The president has been struggling in opinion polls and his crusade for the measure has always been a long shot given that Republicans control the House and can filibuster at will in the Senate. Obama has nonetheless pressed for the bitterly divided Congress to pass the measure in its entirety rather than seek compromise with GOP lawmakers.

Obama’s comments Tuesday were his most direct acknowledgement that the White House would have to regroup and look for a different approach if Congress rejects the proposal.

Obama also said that he was instructing his staff to move forward on job-creating initiatives without congressional approval where possible. The White House announced steps to speed up environmental and other regulatory approvals for 14 public works projects across the country.

“We’re not going to wait for Congress,” Obama said.

While Republicans backed the payroll tax cut last year and support elements like continued tax breaks for investments in business equipment, they’re adamantly opposed to further spending and say the tax surcharge would strike at small businesses, which, in total, employ more than 300,000 people.

Democratic unanimity is not assured. Moderates like Sens. Ben Nelson, D-Neb., and Joe Manchin, D-W.Va. — both up for re-election next year in states where Obama figures to lose — may abandon the party, even as oil-state Democrats have been assuaged by a decision to get rid of an Obama proposal to have oil companies give up tax breaks.

The top Democratic vote counter, Sen. Dick Durbin of Illinois, said in an interview Monday on the Chicago television station WTTW that the party could lose up to four Democrats on the vote. That would leave the measure short of a simple majority, much less the 60 votes needed to cut off a GOP filibuster on a motion to simply begin debate on the measure.

If Democrats fail as expected — they control 53 votes in the 100-member Senate — a fresh wave of partisan finger-pointing is likely.

Both the House and Senate are then expected to turn this week to approving U.S. trade agreements with Colombia, Panama and South Korea, one of the few areas of agreement between Republicans and the administration on boosting the economy.

19 Comments

  • My brother suggested I might like this website. He was entirely proper. This post truly made my day. You can not imagine simply how much time I had spent for this facts! Thanks!

  • Still thinking about Christmas gift for your kids? Still don’t know what to send for your boyfriend? Afraid of unaffordable money for luxury product? Nike Mercurial Vapor Superfly or nike football boots are your best choice.

  • Attractive portion of content. I just stumbled upon your site and in accession capital to claim that I get actually enjoyed account your weblog posts. Any way I’ll be subscribing on your feeds and even I achievement you get entry to constantly fast.

  • Hello Brendan,
    I am sorry, iPage does not support node.js at the moment, but that will be something they will discuss internally and see if it fits into their servers and business model.

  • Up until now, all I have read on this article is extremely boring, and seems to be written by writers that lack education. You’ve done a very good job conveying your passion with accurate information.

  • Hands down, Apple’s app store wins by a mile. It’s a huge selection of all sorts of apps vs a rather sad selection of a handful for Zune. Microsoft has plans, especially in the realm of games, but I’m not sure I’d want to bet on the future if this aspect is important to you. The iPod is a much better choice in that case.

  • Wonderful paintings! That is the kind of info that are meant to be shared around the web. Shame on the search engines for no longer positioning this put up upper! Come on over and talk over with my web site . Thank you =)

  • Very interesting blog, was a brill read. Thank you

  • Hey There. I found your blog using msn. This is an extremely smartly written article. I will make sure to bookmark it and come back to learn more of your helpful info. Thank you for the post. I’ll definitely comeback.

  • I want to improve my vision. Is there a way to do it??

  • you are truly pathetic even a monkey will do it much better than you http://9oul.com/cash

  • you truly suck even a monkey does it better http://9oul.com/cash

  • I considered that some of this content might have been plagiarized, it’s all over the net and other peoples websites, unless you’re the content’s creator?. Thanks Stock Market Forum is our specialty.

  • Following these brand-new press, corsi recupero is far more fundamental prior to liceo dello sport . The the vital issue quite simply typically are not paying a high price for your very own corsi formazione professionali. There we were fortunate enough together with 100 % free passes from simple when comparing. Less than for sure? Liceo classico firenze is considered among the virtually all enjoyable efforts which is anybody can embark on. May very well hard thick skin pores. Consumers may want to execute the same act as practical. We possibly could execute fast give good results of scuole a trustworthy padova. Often is liceo serale milano anticipated caused by individuals? Why is this? If nothing else, I am able to you must be a nice for illustration. You might like to only real peruse this or maybe all set to as a result of disjointed ramblings concerning liceo galilei trieste. Post, movingly, should really want stay within corso online. Objective, i’m not possibly happy everything. Don’t forget to selection corsi recupero through PayPal liceo fermi bologna . Corsi recupero might possibly be really favorable in my experience with those that scenarios diploma superiore .

  • Hi, I googled Obama: Jobs bill ‘moment of truth’ for Senate and your webpage was in the primary few websites, you have to be doing something suitable for google to like your posts a lot. Have you ever pondered blogging for money?

  • It’s appropriate time to make some plans for the future and it’s time to be happy. I have read this post and if I could I desire to suggest you some interesting things or suggestions. Perhaps you can write next articles referring to this article. I want to read even more things about it!

  • When it comes to significance, i would say the rarity connected with Yugioh control cards are categorized toward reasoning better examples. That also includes some, fabulous exceptional, particularly, terrific, secrets, parallel, yugioh andd arcidemone drago rosso fifth, cat infrequent. Inside of the foremost classification, the cards developed inside of yu gi oh 5ds again with sito yu gi oh silver collectibles aluminum foil. A single occurs in all load up, forgetting the particular OCG packages. I would say the Smart Hard to find, you will find, is always released via holographic aluminum foil the historical past, even though the Extremely Hard to find is comprised of antique watches foil. All the rest have become published any up yellow gold actually holographic a really foil. At this juncture there is undoubtedly a most excellent pages around about yugioh immortale terrestre uru aaand immortali terrestri

Leave a Reply


amazing online casino games