NEW YORK (CNNMoney) – After giving President Obama's economic stimulus plan something less than an enthusiastic endorsement, House Republicans will offer their own ideas Thursday for getting the economy back on track.
House Speaker John Boehner will deliver the plan, dubbed "Liberating America's Economy" in an early afternoon speech to the Economic Club of Washington.
So now thatbghe President came up with a job's bill the teapublikans NOW have something? How about working with what is in the table? Of course,right, give the rich and corporations (the new '"people") more opportunities to enrich themselves.
@ancient Texan. . . I don't hate the rich but I am not going toto go into why not. They DO NOT pay their fair amount of taxes plus they have all the tax loopsholes known to man and most of everytyhing they claim in their taxes are loopholes like luncheon, dinners, trips which are "business" but the whole family gets a "free" vacation. Get your head out of the sand.
Mitch McConnell may have solved the republican immigration problem. In his home town, there is an unsafe bridge that connects Louisville with the civilized northern state of Indiana. Rather than support Obama's jobs plan, and get the bridge fixed, Mitch knows that if he keeps it closed, Indianians will not be able to get to Kentucky, Illinoisans will not be able to cross on their way to Hilton Head, S. C., but more importantly, he will keep Kentuckians in the state. Mitch may be an idiot, but his ineptness may well provide the GOP with a solution to their imaginary problem, as they apply this to border states.
The republican plan to 'liberate' our economy is to eliminate all environmental and safety regulations, eliminate all middle class workers, (private and public) lower the minimum wage, give tax cuts to the wealthiest, tax cuts to big oil, tax cuts to those billionaire corporations that pay no taxes, eliminate women's rights, and all of this can be paid for by seniors, veterans, the working poor, and public employees. Been there and done that.
How can he offer his own plan without first looking at the president's? Can they at least pretend that they are working WITH the president like they should?
"Boehner's policy prescriptions are expected to mirror the Republican Party's long-running position that the key to jump starting growth is to get government out of the way and allow the private sector to do its thing.
That means less regulation, lower taxes and big reductions in government spending".
Oh dear! It is dark all way through. Can anyone believe it that you can restart the growth while you are cutting?? How??These two don't go together!!! Either you do the restart first and forget the cutting OR do the cutting and forget the restart.
I trust Obama far more than the town drunk who plays speaker of the house. This may hurt Cantor and the republicans feelings, but "Pass the bill!"
This should be good. I predict it will be refried version of the Ryan Plan. More tax cuts for corporations and individuals who do not need them and which we never could afford.
Breaking News: Bush Tax Cuts Did Not Create Jobs
The economy was in recession. We pass BTCs and we come out. BTCs fixed it, right? Wrong. We were in a recession because of Alan Greenspan overtinkering with the prime rate. We came out of recession when he lowered the rate from the record busting levels he had set. That was 2001-2002. The last BTCs kicked in in 2003.
Someone recently posted unemployment rose 50% since 2007, a 4 year period. They were right. But, unemployment also rose 50% during the previous 4 years, between 2003 and 2007. In fact, this 4-year cycle didn't start until the Bush Tax Cuts were passed.
There is only one conclusion that you can reach. The Bush Tax Cuts not only failed to create jobs, but are actually killing jobs. Go look up the Dept of Labor statistics yourself.
Tax cuts for the wealthy, tax cuts for the "job creators" more love for big oil. yada, yada, yada
more of the same old tax cuts for the rich and coporations and cutting pretty much ALL regulations. Didn't work before, and it won't work this time. The sheep will eat it up. Thinking people will reject it and the GOP will do the same old "poison pill" routing that they've used since Obama came to office. "we tried but Obama doesn't" Sorry GOP but the american people are waking up to your games
The only thing these "thugs" are willing to liberate are the rich and the corporate giants. They don't care anything about the ones who live from paycheck to paycheck. They continue to offer up the same tired, failed ideas. In 2010 they ran on the platform of creating jobs and there aren't any. When they foffer this "plan" it will be another example of their unwillingness to work with Mr. Obama.
Let me guess - cut taxes for corporations and the wealthy, end unemployment benefits, do away with medicare and medicaid, and shove granny off the cliff.
Same old same old. They have one idea only - Kill the US to put themselves back in power.
By all means lets allow corporations to set their own safety and enviormental standards, lets cut the taxes of the rich even more so they can become richer, then the jobs will come right? So what happened during 8 years of bush when taxes were cut lower than they have been for 30 years and yet during the eight years of the bush administration they created less jobs than the 3 years of this president? People be careful what you ask for, have you seen the republican field? We are going to have a new president that doesn't believe in science, gets rid of social security and medicare and helps the income gap grow even larger. SCAREY!
Well it's about frickin' time, you worthless excuse for a representative of the American people. It'd be really stunning if this guy, and all the other guys like him, put aside their petty perception of reality and worked together to compromise for the benefit of our whole country. Not just the wealthy who want to own and control everything, but all Americans, rich and poor. That would be a great day for everyone, but I'm not holding my breath just yet. Stupid is as stupid does, and there's a lot of stupidity to make up for.
Gee...not hard to guess what it wil contain: massive atx cuts for the extremely wealthy and corporations, the evisceration of important regulatory frameworks and, to throw the dog a bone, some piddling tax cuts for the middle-class. Yay! The same policies from the Dubya Debacle that got us into this mess!!! Can't wait!!!
Boehner and the GOP’s plan is simple – That is to keep stepping on the necks of the poor white bigots who for some reason keep on casting their votes for them.