Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Obama Plans to End Tax Breaks to Pay for Jobs Program

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
sufrommich Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 04:32 PM
Original message
Obama Plans to End Tax Breaks to Pay for Jobs Program
President Barack Obama on Monday proposed paying for his jobs plan by eliminating $467 billion in tax breaks for wealthier Americans and corporations, meeting immediate resistance from Republicans in Congress.

The White House objective is to put lawmakers in a tight spot: Support Obama's jobs package or risk being portrayed as doing nothing to improve the economy heading into presidential and congressional elections in November 2012.

The U.S. economy, the world's largest, is mired in 9.1 percent unemployment and flirting with another recession as Europe's debt woes weigh down the global economy. U.S. Treasury Secretary Timothy Geithner will attend part of a meeting of euro zone finance ministers on Friday in Poland.

Obama, who pushed through an $800 billion economic stimulus package in 2009, stepped up his campaign to sell his new proposals to American voters as he prepared to send the jobs bill to lawmakers later on Monday.

http://www.cnbc.com/id/44488639
Printer Friendly | Permalink |  | Top
William769 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 04:33 PM
Response to Original message
1. This is a goos start.
Printer Friendly | Permalink |  | Top
 
Tennessee Gal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 04:37 PM
Response to Original message
2. This is good!
Edited on Mon Sep-12-11 04:41 PM by Tennessee Gal
Some posting here are ignoring this part:

eliminating $467 billion in tax breaks for wealthier Americans and corporations
Printer Friendly | Permalink |  | Top
 
William769 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 04:40 PM
Response to Reply #2
3. Not me.
Printer Friendly | Permalink |  | Top
 
adhd_what_huh Donating Member (368 posts) Send PM | Profile | Ignore Mon Sep-12-11 05:33 PM
Response to Original message
4. thanks for posting something positive about the Pres...
Printer Friendly | Permalink |  | Top
 
Tennessee Gal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 05:39 PM
Response to Original message
5. Kick for truth.
eliminating $467 billion in tax breaks for wealthier Americans and corporations
Printer Friendly | Permalink |  | Top
 
MoonRiver Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-12-11 06:13 PM
Response to Original message
6. Excellent!
Finally, Obama has the Thugs on the run! Hopefully he can create some jobs along the way too! :woohoo:
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Thu Apr 18th 2024, 12:14 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC