Washington (CNN) - A group of Republican senators unveiled job creation legislation Thursday that is designed to be a policy and political counterpoint to the Democratic measures President Obama has pressured Republicans to pass.
Built around well-known GOP principles to shrink the footprint of Washington on the economy by cutting taxes, spending, and federal regulations, Republicans believe having actual legislation they can point to will weaken the president's charge that Republicans aren't doing enough to create jobs.
"I'll freely admit to you, part of this is a response to the president saying that we don't have a proposal," said Sen. John McCain, R-Arizona. "We have lots of proposals and we've had lots of proposals. We've put them together now and they're out there and that's our plan."
"This is the alternative," said Sen. Kay Bailey Hutchison, R-Texas.
McCain said the bill will "act as a blueprint to bring our country back economically" and explained that while Democrats rely on government spending to revive the economy, "we believe we can create jobs through (economic) growth."
The GOP plan reads like a laundry list of GOP priorities. It would require a balanced budget amendment to the Constitution; reduce the highest personal income tax rate to 25% and require reform and simplification of the tax code. It would repeal so-called "Obamacare," reform malpractice laws, and scrap the Dodd-Frank reforms passed after the financial crisis. It would also curtail Washington's ability to regulate the private sector through a moratorium on new regulations and by requiring more input from Congress on the regulations issued by government agencies.
Democrats derided the GOP plan and charged that it would not create jobs.
"This is a political fig leaf that would likely add to the deficit while doing nothing to create jobs," said Sen. Chuck Schumer, D-New York. "Anyone who actually talks to real Americans knows that they don't support laying off teachers and cops to pay for tax breaks for millionaires, as Senate Republicans voted to do this week."
The Rich DO NOT create jobs. This is just more complete crap for the conservative morons. Cut taxes on the rich, raise taxes on the poor, de-regulate so they can steal from the public, let companies pollute so we have more birth defects, repeal safety and child labor laws, defund schools for only the rich can get a decent education, attack unions for wanting to work safely and a decent wage to raise a family on...we have heard it all before and it is crap, pure crap.
Did all that from 2001-08. Didn't grow jobs or middle class incomes and led to worst economic crash since 1929. No thanks.
Every bill but the right bill – PASS PRESIDENT OBAMA'S JOBS BILL!!!
The Democrat and Republic need to stop with the childish game. And sitdown and really talk and put there difference on the table. Time to stop power trip and get this country back on track and get people back to work and buy homes for a lower profit. It time to stop taking side of high, lower, or middle class. It's enough of the B.S. It the country that need you to do your job and make it work. Every since Obama came in the whitehouse. It still racism in this country especially in politics. He said he can't do it by himself but it seem like he is do to this discriminated politics. He put things on table for everyone. But they want to see him fail because of his skin tone. I'm very disappointed how politician forgot we the people to do the job for us. And thinking for themelves and nedxt term and a fat check.
"High Treason", I tell ya, "High Treason" Blind hate and bigotry is killing our great country. Vote the republican traders out of the house along with the undercover bigot demo-rats as well. I pray for the Glory that was once America. Obama . . . "An American Dream deferred". Get out of the Presidents way, he got this. Period.
The average cost per job created may $250,000 because concrete and steel made in the USA for those new but needed bridges and highways is not cheap!!!
Isn't it odd that mentioning less government and balanced budget sets the democratics into a frenzy and they expect the wealthy to support the 50% of our population that pays no taxes and hand out unemployment benefits for two years.. Sorry folks, the gravey train has to end and it may be time to listen to those ( not a community organizer) who know business economics and how job creation works. Obviously, business 101 has not been part of your education. There are jobs out there. You just have to not place such high value on yourselves and be responsible.
LOL! It's HILARIOUS to see democrats knocking the Republicans when they are simply doing the EXACT SAME THING OBAMA DID and brought on a bill they knew couldn't pass
I have a plan- vote every Republican out of Congress. They have done unspeakable damage to this country .
Bob.. did you even bother to read Obama's plan, or are you just having a knee jerk reaction to EVERYTHING attached to his name? It was paid for with upper tier taxes. 5.6% tax on those making over 1 mill... sigh
Torches and pitchforks...
Vote any Repubs over the Dems. Mickey Mouse would be better than the clowns we have now.
Well great. Before we think about voting on it lets get the CBO to evaluate and compare with the Obama AJA. Then lets put it out to the economists and have Blomberg do the same chart as they did for the " committe of economists "assesment of the effect on Job creation GDP and unemployment. in 2011 and 2012 of AJA and this idea.
Then take the two and thier best aspects and vote that package now please.
Unemployed and pis.. ed off.
Let's be clear. The Republican bill is not a "jobs plan". It's a "let's give the ealthiest Americans and already profitable corporations even more tax breaks plus allow them to mess up the environment and endanger worker safety if it allows them to make an extra buck and pray that maybe they might let some of their added massive profits trickle down to one or two new jobs plan." In other words, the same stuff we've been doing since 2003 with terrible results. It;s not a plan, it's a laundry list of GOP failures.
Republican plan is another regurgitated political talking points, no new ideas just the same old crap which put us where we are in the first place, these guys ideas are no better than, like recycling stinky old socks.
I see a lot of negative Republican comments by people that obviously don't know anything about the content of this proposal. Republican or Democrat – do you think the President (or anyone) can cut taxes and increase spending? No impact on the deficit? And for those of you that love the modern day Robin Hood idea of making everyone with money pay for everything that's wrong? Are you serious? I can understand the desire for tax reform but I don't want a handout. You people disgust me.