And 1/6th of the new debt being generated if being bought by the Fed. Sounds like robbing Peter to pay Peter, and the Left ignores this accounting trick.
Thomas Sowell: There are no solutions, just trade-offs.
Photo-squirrel wrote: Meanwhile the republicans in congress killed another potential jobs bill yesterday.
Because the largest jobs bill ever in world history worked so well the last time? We still have 8.2% unemployment and 20% underemployment after spending trillions to create jobs.
Yes, silly Republicans. Not signing onto Solyandra II and GM DejaVu, lets bail them out all over again. This time lets spend one million dollars per created $15 an hour job.
Thomas Sowell: There are no solutions, just trade-offs.
Cutting and suspending $245 billion worth of payroll taxes for qualifying employers and 160 million medium to low income employees.
Spending $62 billion for a Pathways Back to Work Program for expanding opportunities for low-income youth and adults.
$49 billion - Extending unemployment benefits for up to 6 million long-term beneficiaries.
$8 billion - Jobs tax credit for the long term unemployed.
$5 billion - Pathways back to work fund.
Spending $50 billion on both new & pre-existing infrastructure projects.
Spending $35 billion in additional funding to protect the jobs of teachers, police officers, and firefighters
Spending $30 billion to modernize at least 35,000 public schools and community colleges.
Spending $15 billion on a program that would hire construction workers to help rehabilitate and refurbishing hundreds of thousands of foreclosed homes and businesses.
Creating the National Infrastructure Bank (capitalized with $10 billion), originally proposed in 2007, to help fund infrastructure via private and public capital.
Creating a nationwide, interoperable wireless network for public safety, while expanding accessibility to high-speed wireless services.
Creating additional regulations on businesses who discriminate against hiring those who are long-term unemployed.
Loosening regulations on small businesses that wish to raise capital, including through crowdfunding, while retaining investor protections.
Photo-squirrel wrote: Meanwhile the republicans in congress killed another potential jobs bill yesterday.
Because the largest jobs bill ever in world history worked so well the last time? We still have 8.2% unemployment and 20% underemployment after spending trillions to create jobs.
Yes, silly Republicans. Not signing onto Solyandra II and GM DejaVu, lets bail them out all over again. This time lets spend one million dollars per created $15 an hour job.
Yeah, screw those vets.... :bash
The Veterans Jobs Corp Act would have created new job-training programs to help veterans find work in targeted fields such as national park conservation, historic preservation projects, police work and firefighting, among others.
Photo-squirrel wrote: Meanwhile the republicans in congress killed another potential jobs bill yesterday.
Because the largest jobs bill ever in world history worked so well the last time? We still have 8.2% unemployment and 20% underemployment after spending trillions to create jobs.
Yes, silly Republicans. Not signing onto Solyandra II and GM DejaVu, lets bail them out all over again. This time lets spend one million dollars per created $15 an hour job.
Yeah, screw those vets.... :bash
The Veterans Jobs Corp Act would have created new job-training programs to help veterans find work in targeted fields such as national park conservation, historic preservation projects, police work and firefighting, among others.
The same vets that Obama's sequesteration is forcing onto the unemployment line in the worst recovery ever?
Enjoy that $15 an hour job combat veterans! If you can find one since vets have a higher unemployment rate in Obamaland.
Thomas Sowell: There are no solutions, just trade-offs.