These are my links for September 7th from 06:11 to 07:15:
- Obama to propose $300 billion to jump-start jobs – The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with him on jobs — but also assailed his plans in advance of his prime-time speech.
In effect, Obama will be hitting cleanup on a shortened holiday week, with Republican White House contender Mitt Romney releasing his jobs proposals on Tuesday and front-running Texas Gov. Rick Perry hoping to join his presidential rivals Wednesday evening on a nationally televised debate stage for the first time.
Lawmakers began returning to the Capitol to tackle legislation on jobs and federal deficits in an unforgiving political season spiced by the 2012 presidential campaign.
Adding to the mix: A bipartisan congressional committee is slated to hold its first public meeting on Thursday as it embarks on a quest for deficit cuts of $1.2 trillion or more over a decade. If there is no agreement, automatic spending cuts will take effect, a prospect that lawmakers in both parties have said they would like to avoid.
According to people familiar with the White House deliberations, two of the biggest measures in the president's proposals for 2012 are expected to be a one-year extension of a payroll tax cut for workers and an extension of expiring jobless benefits. Together those two would total about $170 billion.
The people spoke on the condition of anonymity because the plan was still being finalized and some proposals could still be subject to change.
The White House is also considering a tax credit for businesses that hire the unemployed. That could cost about $30 billion. Obama has also called for public works projects, such as school construction. Advocates of that plan have called for spending of $50 billion, but the White House proposal is expected to be smaller.
Obama also is expected to continue for one year a tax break for businesses that allows them to deduct the full value of new equipment. The president and Congress negotiated that provision into law for 2011 last December.
Too little and way too late.Obama needs to repeal and repudiate ObamaCare
Next President please
- President 2012: Rick Perry on Immigration: Even weaker than you think – Rick Perry’s record on immigration isn’t as bad as I thought. It’s worse! … It’s not just that he doesn’t want to build the border fence. Many fence opponents argue (though I disagree) that it’s far more important to take away the “jobs magnet” that lures illegals to try to cross the border in the first place. But Perry hasn’t supported the quickest, best way to take away the jobs magnet, which is to require all private employers to use the “E-Verify” electronic check of Social Security numbers. Perry wouldn’t even require his own state government to use E-Verify, let alone private employers, declaring “E-Verify would not make a hill of beans’ difference when it comes to what’s happening in America today.” ….
And the fence and E-Verify are the easy part of this issue. They are the “stripped down basic package” of enforcement provisions outlined by immigration-control advocate Mark Krikorian. The hard part is getting a candidate–especially a pro-business GOP candidate–to promise, in a binding way, that in the future he or she won’t, under pressure from business and Latino leaders, accept some sort of premature legalization (i.e., amnesty).
That’s tough enough with, say, Mitt Romney: He’s criticized “amnesty” in the past, but you know there will be Romney strategists pushing legalization as the key to capturing the fast-growing Hispanic vote.
Read it all