Why 11 Democratic Senators and not 50 (all of them less the three on the Super Committee) signed this effort spearheaded by Jeff Merkley is beyond me, but if more sign on it could be a crucial factor in actually pivoting away from deficit talk and toward jobs.
A group of senators today urged the Co-Chairs of the Joint Select Committee on Deficit Reduction to take steps to ensure that Congress and the public get an independent estimate of their proposal’s impact on jobs – and do no harm to employment in America.
Eleven senators wrote to the co-chairs of the committee, Senator Patty Murray and Representative Jeb Hensarling and asked them to send the Committee’s proposal to the Congressional Budget Office (CBO) for an analysis of jobs impact. CBO will already be tasked with looking at the impact on the deficit.
Senators signing are: Jeff Merkley (OR), Richard Blumenthal (CT), Sheldon Whitehouse (RI), Barbara Boxer (CA), Bernie Sanders (VT), Daniel Akaka (HA), Bob Menendez (NJ), Sherrod Brown (OH), Al Franken (MN), Mark Begich (AK), and Frank Lautenberg (NJ).
The letter is here. In it, the eleven Senators write:
Simply put, putting people back to work will help get our debt under control, and therefore, the Select Committee must make job creation a top priority as it weighs changes to federal spending and revenues.
To accomplish this objective, we request that the Select Committee adopt two principles: first, that each proposed recommendation be analyzed by the Congressional Budget Office to estimate the impact on employment. Most Americans believe that our top economic priority is job creation, and this information would provide the American public with a clear understanding of how the Select Committee’s recommendations will help affect their communities and their livelihoods.
Second, the Committee should adopt a “Do No Harm” standard – at a minimum, its recommendations should not result in any job loss and, ideally, that they maximize new job creation while meeting the deficit reduction goals.
Since ANY big reduction in fiscal policy will invariably reduce jobs, it would appear that the eleven Senators are asking the Super Committee not to cut anything. But they are also right that you cannot cut the deficit in a time of sustained 9% unemployment: it’s just not possible. And there are some deficit reduction measures that would have little impact on employment. Paired with something like the American Jobs Act, you would have an actual job creation program.
House Democratic Leader Nancy Pelosi addressed this idea in her weekly press conference, saying that the committee would be “doing a disservice” if they offer recommendations blindly without CBO assessing the impact on employment.
“What the possibility is, of taking every initiative and passing it through the CBO for its job creating potential I think is a great idea,” Pelosi said at her weekly Capitol briefing Thursday. “I don’t know why anybody would want to make a judgment without that evaluation, especially at this time.” [...]
“The committee put its rules together in a bipartisan way…it was a priority for the House Democrats in the writing of the rules to say that as they made judgment as to how these initiatives would reduce the deficit that they should also demonstrate how each initiative would create jobs — or not,” Pelosi said.
I don’t think the Super Committee will come up with anything of value, so in a way this is more of a political push. But it’s a good one. There’s no good rationale for denying the ability to have CBO score the deficit plan for jobs. It would create a teachable moment – that austerity is bad for the economy. Kudos to Merkley for pushing it; more Democrats should join him.





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man that would be sweet if they are strong enough to hold that line
Guessing that O is hard at work behind the scenes to prevent any move like this from getting momentum.
A day late and a
milemarket crash short. Where have they been for the last 2-1/2 years?that’s a GREAT call e, u r the BEST for seeing through te smoke
My dear Senator is just using the tools of the institution to point out R hypocrisy and (I can hope, anyway) move the policy debate toward sharper distinction of short term from the long term.
It’s like what my understanding of Sovietology used to be. In that case, it involved things like studying who was seated next to whom; in O’s case it involves figuring out what is going on behind the scenes, since nothing is as it appears on the surface. But by now, we have so much evidence of the machinations (health care reform was a great learning exercise) that it becomes easy to guess.
I don’t remember whether the Kremlinologists got any insights or not. I wasn’t paying close attention & it seemed silly, but now I’m not so sure.
He can’t stop progressives from producing their own credible estimates. All that’s necessary to get the ball rolling here are a credible estimates of the job losses resulting from $4 trillion in cuts — distributed between spending cuts and tax increases in alternative ways.
But since the Rs have repeatedly told Barry that they oppose any tax increases, the losses from spending cuts alone should be the (politically feasible) baseline.
The estimated job losses could substantially wipe out any job growth that’s projected to occur. That could drive his ass off his austerity jag real quick.
It’s a start anyway.
Austerity is not the point. Privatizing SS is the point. And O doesn’t care how many job losses it takes if his Wall St. supporters can get their mitts on that pool of money.
So there IS intelligent life inside the beltway. I’m pretty sure most would agree that was debatable and, not supported by recent observations. But, WHY only 11 democratic senators? I agree. Were the rest playing golf?
Hey, Merkley and the others are actually representing their people, what a concept, and what a disgrace that many Dem Senators are thinking it over. Look to the great Northwest for our political leadership, I’m impressed more and more by the things I see happening up their in the upper left hand corner.
Bingo.
As far as this little group and their letter….
ZZZZZZZZZZZZZZZZZZZZ.
Then we need to force him to be explicit about it. Take the “austerity” (cover) argument away from him and thoroughly discredit it with the electorate who are suffering.
Either the Ds move off this “austerity” nonsense and discredit it or they face a catastrophe in 2012.
yes, look at our crashing stock market and economy, austerity seems to be going well for Obama. Maybe he’ll get on the phone to Stiglitz or Krugman one of these days, if Timmy Turbo Tax gives him permission to do so.
Obama is a failed presidency, is the Dem party not going to realize that until we are under total fascist control.
“Catastrophe” for Ds in 2012 means high paying jobs working for lobbyists or the speaking circuit and then getting elected again in 2014 when the 2012 elected bums are thrown out.
I am hoping it becomes brutally obvious to EVERYONE that obama cannot be re-elected and the dems are FORCED to run a primary
it would at least give hope, the way it stands now we are doomed
The problem here is that you see the glass as empty and I see it … 10% full.
LOL. I think the evidence is on my side, but I suppose reasonable people can disagree about 10%. *g*
Follow the money, which States will benefit the most; of these 11 I’ll bet most plan to reap the most benefit
More meaningless bullshit kabuki from a DINO.
The Tea Party doesn’t accept CBO estimates, or anything that contradicts their distorted views.
GREAT read Mr. Dayen.
If CBO does not score Cat2 stuff, it’s all too obviously a scam job (which was obvious the first time around for CatFood Commish n all politicians).
Why do we let any of these politicians get away with this commission bullshit?
Storm the fuckin bastille with bread and cake! Let THEM bastards and bitches eat cake!!!
Ok, a bit wound up, I admit . . . still, I can’t believe we the people have let it get this bad . . .
Thankfully, we don’t accept the TeaParty, en masse, yet.
‘Kin misogynist, racist, homophobic fat white people . . . harumph.
Put ‘em all out in the Texas noon day sun in summer without water, see how long they last . . . .
Why do you think Merkley is a DINO? I think he is doing a reasonable job for Oregon.
I just emailed my Senators to thank them. Only right when they actually do something positive.
Well, first of all, because he’s Democrat. I don’t see any Dems left that don’t pretend to be for old traditional progressive values and then fold when it counts.
Second, this smacks of window-dressing. The way the Super Congress is set up, even if what they propose doesn’t pass, we get automatic Osterity cuts anyway. This letter and a lot of other posturing you’ll see from Dems in the next several months is all designed to allow them to say, “Hey, I tried”.
You want evidence that Dems are for real? Simple: When they desert Obama en masse.
You watch: Even the adored Elizabeth Warren will be put into a position where she has to endorse Obama’s re-election. And at that point, you’ll know that she’s in the tank just like Merkley and all the rest.
McCarthy and RFK challenged LBJ/Humphrey. Ted Kennedy challenged Carter. None of today’s Dems will challenge Obummer.
ETA: Dems in Congess are just like Obama: believe what they do, not what they say in pretty speechs or letters.
Your point: watch what they do and not what they say, is well taken. I agree. Merkley does vote pretty well on a consistent basis. He is also a very decent human being by the people who know him personally. Wyden fits your characterization more closely. Merkley is new to Oregon let alone the national stage, and he does not have the flair of some of these potential candidates. So he is not really in a position to challenge Obama. He did challenge Gordon Smith who was liked by many in my Blue state for a very long time and won! So he is a legitimate rising star.
I think there are tremendous reasons to be vigilant right now, but whatever is or will be, can be changed. Maybe the only benefit is to educate the population regarding the nexus of cuts versus jobs.