I don’t know if I would use as bitchy a headline as the Washington Post did on this, but the Administration coming out with a series of job creation measures now does reflect how the Recovery Act was misinterpreted. Many of its measures had to do with economic growth and simply stabilizing an economy spiraling [...]
White House Talking Serious About Jobs, But Actually Creating Them Is Only Option |
| By: David Dayen Thursday February 18, 2010 2:11 pm |
Liberal Economists Criticize Schumer-Hatch Tax Credit |
| By: David Dayen Saturday February 13, 2010 7:14 am |
If we do see a jobs bill from the Senate, the main component (accounting for 87% of the spending at this point) would be the Schumer-Hatch job creation tax credit. This would give businesses a break on their half of payroll taxes (6.2% of salary) for every worker they hire in 2010 who has been [...]
The Too-Small Jobs Bill |
| By: David Dayen Friday February 12, 2010 7:18 am |
I actually gave Harry Reid too much credit yesterday in counting up the remaining elements of the jobs bill. I said it would be a $50 billion bill, but the Section 179 fix allowing small businesses to write off capital expenditures would cost the government $35 MILLION, not $35 billion. So this is actually a [...]
Reid Stiff-Arms Baucus, Cuts Giveaways And Ornaments Out Of Senate Jobs Bill |
| By: David Dayen Thursday February 11, 2010 2:32 pm |
Harry Reid, in a rare bit of liveliness, has taken control of the jobs bill in the Senate, paring it down to its essential parts. Senate Majority Leader Harry Reid (D-Nev.) is rewriting a jobs bill after Democrats complained of too many concessions to Republicans. Reid announced Thursday that he would cut back on the [...]
Baucus And Grassley Swoop In On Senate Jobs Bill |
| By: David Dayen Thursday February 11, 2010 12:20 pm |
Perhaps in an effort to take all the credit for the spectacular implosion of Democratic Party favorability ratings in 2009-10, Max Baucus has bigfooted in on the Senate’s jobs bill, and drafted his own version of the Senate jobs bill with Chuck Grassley (R-IA). A bit of backstory to this tale. The House passed a [...]
Don’t Call It A Jobs Bill |
| By: David Dayen Wednesday February 10, 2010 7:37 am |
Whatever it is that the Senate will vote on soon, I think Jon Kyl actually has it about right. Senate Republican Whip Jon Kyl of Arizona predicted the chamber will eventually pass the measure, though he said “there is no way it can be acted on this week” because the plan is “not quite yet [...]
Draft Of Jobs Bill Reveals Modest Bill With Tax Cuts, Social Safety Net Extensions |
| By: David Dayen Tuesday February 9, 2010 2:47 pm |
The Hill posted a draft of the jobs bill that will presumably get a vote in the Senate this week. There’s no cost estimate attached to it, but this isn’t all that much of a bill, so I’d imagine that it comes in lower than the $80 billion dollar price tag. Reading through the draft, [...]
It’s Friday, Still No Word On A Senate Jobs Bill With Vote Scheduled Monday |
| By: David Dayen Friday February 5, 2010 9:12 am |
Washington is under an avalanche of snow, but they’ll supposedly come back next week and vote on a jobs bill. There remains no outline of what exactly that vote, which Senate leaders said would happen Monday, would include. My theory is that they’ll put a straight tax cut on the table hoping to get Republican [...]
Jobs Agenda Document Provides More Clarity On Senate Dem Proposals |
| By: David Dayen Thursday February 4, 2010 11:00 am |
While today’s Senate Democratic press conference offered few details, a support document does explain the various different policies that will be introduced this year to deal with the nation’s jobs crisis. FDL News has obtained the document. The “jobs agenda” Senate Democrats are forwarding includes five major headers: Tax Incentives to Spur Immediate Job Growth: [...]
Senate Dem Leadership Announces Jobs Agenda, Without Jobs Details |
| By: David Dayen Thursday February 4, 2010 7:17 am |
The Democratic leadership held a strange press conference just now, unveiling a “jobs agenda” that offered no details on the size of the bill, no real details on the elements of the bill, basically no details at all other than the fact that there will be a jobs bill. We do know some elements of [...]
Some Worry About Paltry Senate Jobs Bill; Strategy Appears To Be To Break It Into Parts |
| By: David Dayen Wednesday February 3, 2010 1:11 pm |
The Senate will move forward with a jobs bill this week, and nobody has a good handle on everything it will include. But Harry Reid is being pretty clear about his strategy: it’s a “jobs agenda,” not one big bill. UPDATE 4:35 PM: Speaking to reporters Tuesday afternoon, Senate Majority Leader Harry Reid (D-Nev.) confirmed [...]


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