Friday, September 9, 2011

"Everything in this bill will be paid for. Everything." -President Barack Obama

Listening to the Presidents comments last night solidified my feelings. There has been much talk of jobs and unemployment. There has been much talk, however, not much productive action.
Our President has laid forth a plan that is "iffy" at best. Here are some highlights:
  • Nearly $250 billion in tax relief for individuals and businesses through tax credits and a variety of tax cuts
  • $140 billion to upgrade roads, bridges and schools
  • $35 billion to help keep teachers, police and firefighters on the job
  • Extending and expanding a payroll tax cut that would save the typical American family $1500 in taxes in 2012.
  • A payroll tax "holiday" for employers on any new hires or wages. All companies would be eligible for the break, which would apply up to $50 million in new payroll spending.
  • Cut the payroll in half for businesses with payrolls of less than $5 million. (Tribune Washington Bureau)
Calvin Woodward and Tom Raum, with The Associated Press, summed it up in their opening paragraph this morning: "Everything in President Barack Obama's jobs plan will only be paid for if a committee he can't control does his bidding, if Congress puts that into law and if leaders in the future-the ones who will feel the fiscal pinch of his proposals-don't roll it back" (Woodward & Raum, 2011).
I know that there will never be a "win-win" in politics. I know that I, and We as a Nation, will never be 100% satisfied with any plan that is implemented. I know it.
I also know that we need leadership. We need someone that has experience and believes in America. Someone who shows his/her belief through their actions, along with their words. Words alone are not enough.

Reference
Woodward, C., & Raum, T. (2011, September 9). Is the President's plan paid for? Seems not.. Idaho Statesman, p. A1.

No comments:

Post a Comment