Monday, September 19, 2011

Obama's Jobs Plan - #3258 - Obama's Urgent Job's Plan: Right Now, 'Right Now' Means Sometime Next Month...Maybe - LA Times (2) Obama Calls for Broad Tax Increases - Washington Times

Everybody remembers the urgency of President Obama's attitude toward the awful jobs situation. Back in early August, Obama said the jobs situation was so urgent that he was going to give another speech about it -- in a month or so, in September after his vacation on Martha's Vineyard. And then in September the president announced he would give his major jobs speech to a joint session of Congress on Sept. 7. But he neglected to check with congressional leaders first. And they suggested the 8th. So, since it was their House, the 8th it was. "Tonight," the president said in the first 34 of his 4,021 words to a national television audience that night, "we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse." The speech got panned as another political campaign one with Obama announcing, in effect, that.... ...since the first stimulus spending plan of $787 billion hadn't really worked, maybe another $447 billion stimulus spending plan would.........ere's the revealing exchange with a persistent host Candy Crowley on CNN's "State of the Union:"
CROWLEY: When is the bill going to get on the floor?
DURBIN: The bill is on the calendar. Majority leader Reid moved it to the calendar. It is ready and poised. There are a couple other items we may get into this week not on the bill and some related issues that may create jobs. But we're going to move forward on the president's bill. There will be a healthy debate. I hope the Republicans will come to...
CROWLEY: After the recess, so next month? Or when will it actually begin to act on?
DURBIN: I think that's more realistic it would be next month.
So, as of right now, "right now" uttered on Sept. 8 really means sometime at least one month later.  Read entire article..........  AW: Notice this article is from the LA Times, and look at the picture they ran, could Obama's nose be any further up in the air, looking down at the rest of us.

Obama to Call for Broad Tax Increases - Washington Times President Obama proposes a deficit plan that calls for about three dollars in new tax increases for every dollar in additional spending cuts as he seeks to put his imprint on the ongoing talks over reducing the government’s staggering debt burden. In a plan his advisors described as his ideological vision, rather than a compromise offer to the GOP, Mr. Obama will also threaten to veto any plan Congress sends him that tackles entitlements but doesn’t include tax increases, which he will argue is central to a “balanced” approach.  “The president will make clear he’s not going to support any plan that asks everything of some Americans, nothing of others,” said an administration official, who briefed reporters Sunday night in advance of a speech Mr. Obama is scheduled to give Monday. “He will veto any bill that takes one dime from the Medicare benefits seniors rely on without asking the wealthiest Americans and biggest corporations to pay their share.”

Mr. Obama will argue his plan totals $4.4 trillion in deficit reduction, though $1.1 trillion of that comes from war savings all sides agree was going to happen anyway, another $1.2 trillion that has already been enacted, and more than $450 billion in tax increases he proposed last week — and has already accounted for in new spending. Another $430 billion comes from lower interest payments because of the potential lower debt.  That means in terms of actual new proposals, the president’s plan totals about $1.2 trillion, of which the lion’s share comes from his long-standing vow to raise taxes back to Clinton-era rates on the top income brackets. The rest is $580 billion in reductions to formula-driven entitlement programs, though officials on Sunday wouldn’t detail what those cuts were, saying the specifics would be released Monday.  Read more.......

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