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Monday 12 September 2011

Obama Plans to End Tax Breaks to Pay for Jobs Program - CNBC

Obama Plans to End Tax Breaks to Pay for Jobs Program - CNBC

1 comment:

RAYLOKE said...

But Republicans were unhappy that Obama now appears to be trying to pay for his jobs plan entirely with tax increases.

"It would be fair to say this tax increase on job creators is the kind of proposal both parties have opposed in the past," said Brendan Buck, spokesman for House Speaker John Boehner, the top Republican in Congress. "We remain eager to work together on ways to support job growth but this proposal doesn't appear to have been offered in that bipartisan spirit."

Cooperation in Washington could be hard to find in a climate of dysfunction. A nasty battle this summer over the government's debt levels brought the country to the brink of default and led to an unprecedented U.S. credit downgrade.



Beyond asking how Obama's jobs package will be paid for,