Kerry's Job proposals from todays 3/26 speech

[papau]

http://www.bloomberg.com/news/economy/politics.html

Kerry, Campaigning on U.S. Jobs, Pushes Government Aid for New Industries

April 28 (Bloomberg) -- <snip>Kerry is proposing to establish a new Manufacturing Business Investment Corporation that would provide capital to manufacturing companies investing in new technologies. Companies such as Apple Computer, America Online, Federal Express, and Staples were started by similar government-backed investment vehicles for small businesses. <snip>

Kerry wants to expand the federal Manufacturers Extension Program that provides consulting services to small- and medium- size manufacturers to learn about and use new technologies to add products. Bush proposed to cut the program's $100 million annual budget; Kerry would double that, according to the statement.<snip>

Kerry already has proposed a new jobs tax credit to encourage hiring by manufacturers and other businesses affected by outsourcing. Kerry wants tougher enforcement of U.S. trade law remedies against China and other nations he says are manipulating currencies to boost exports.

Kerry says his plan to repeal U.S. tax rules that allow U.S. companies to defer taxes on overseas profits will help make the American workers more competitive, and cutting the U.S. deficit in half over four years will boost investment.

He also has made a proposal to have the government cover the cost of catastrophic health care to relieve the cost to businesses and individuals and allow some of the more than 41 million Americans without insurance to get coverage under the program available to federal employees.

[papau]

1. AP avoids reporting on Kerry's Job Plan ideas

http://www.nytimes.com/aponline/national/AP-Kerry.html

Kerry Pushes Technology in Rust Belt Tour
By THE ASSOCIATED PRESS

Published: April 28, 2004


Filed at 9:48 a.m. ET

CLEVELAND (AP) -- Democrat John Kerry is wrapping up a three-day tour of industrial communities with a call for new technology investments to revitalize the downtrodden Rust Belt.

"The bottom line: I believe that the best days of the Rust Belt aren't behind us, they're ahead of us," Kerry said in the prepared text of an economic speech he was giving Wednesday at Washtenaw Community College in Ann Arbor, Mich.<snip>


President Bush's campaign chided Kerry for failing to explain how much all the new proposals would cost. Kerry had said earlier this month that he would explain how he would finance his new ideas without raising the deficit or middle class taxes.

Bush campaign spokesman Steve Schmidt said Kerry's plan is "a further indication that there is a massive tax increase coming for middle income families when John Kerry becomes president." <snip>

Kerry economic policy director Jason Furman said Kerry would detail the cost of major new ideas, but the plans he was announcing Wednesday would be a small part of the overall budget and can be funded by making shifts from other federal programs.


COMMENT - THERE IS NOTHING IN AP ARTICLE ABOUT KERRY IDEAS - WHAT FOLLOWS ARE MORE GOP TALKING POINTS.

[sangh0]

2. The only DU-appropriate response to this is

"WHY ISN'T KERRY OUT THERE MAKING THE CASE FOR WHY WE SHOULD VOTE *FOR* HIM?"