BARACK OBAMA: "The people of this country work hard to meet their responsibilities. The question tonight is whether we’ll meet ours. The question is whether, in the face of an ongoing national crisis, we can stop the political circus and actually do something to help the economy.”
His jobs plan includes extended cuts in the payroll tax for workers and employers. It also includes assistance for businesses that add workers.
The plan aims to put people to work repairing and modernizing roads, railways, airports, waterways and at least thirty-five thousand schools. It also includes financial aid to state and local governments and job training to help the long-term unemployed. And it includes steps to increase the employment of military veterans.
The president said he will release a deficit plan a week from Monday. It will not only cover the cost of the jobs bill, he said, but deal with debt in the long term.
The recent budget compromise created a twelve-member congressional committee. That committee has until late November to identify one and a half trillion in additional savings over the next ten years.
Among Republicans, House Speaker John Boehner said Mr. Obama's proposals "merit consideration." He also said he hopes the president gives serious consideration to Republican proposals.
Representative Steve King of Iowa said he did not believe the House would pass the whole bill.
STEVE KING: "I am really doubtful if there is going to be a movement in this House to pick up a package. There might be a couple of things that we could try to lift out of it. I am not sure what they are at this point."
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25