Jobs Bill Will Help Reverse Deficit, Say Senate Democrats
Wednesday, June 9, 2010 at 11:50AM
Geoff Holtzman in Congress, Frontpage 2, Jobs bill, News/Commentary, Stabenow, benefits, doc fix, geoff holtzman, jack reed, senate, tax extenders
The Senate continued to look for ways on Wednesday to muster the votes needed to pass a jobs bill filled with tax breaks, unemployment benefits and aid packages to states.
With the House having passed a jobs bill before the Memorial Day recess, Senate Democrats this week have proposed making changes to their bill, such as restoring $24 billion in Medicaid funds, money that was dropped from the House’s package. Additionally, in a move designed to court moderate support, the Senate bill now features a softer approach on taxing investments than does its counterpart legislation.
Speaking to reporters on Wednesday, Sen. Debbie Stabenow (D-Mich.) called on both parties to put aside their differences and bring relief to folks struggling to make ends meet.
“Families are going through an emotional roller-coaster...and everyone knows around here that nothing is done in the Senate anymore without a filibuster, or two or three...It’s pretty outrageous.”
Sen. Jack Reed (D-R.I.) said the bill would extend provisions within other bills -- most notably the Recovery Act -- that have “already changed the direction from a huge hemorrhaging of jobs...to several months of job growth.”
"We’ve gotta keep the pedal to the metal, we can’t now pull back,” Reed added.
At stake are several programs that need funding legislation to stay alive. In addition to the Medicaid dollars for states, there are matching $23 billion initiatives to prevent education layoffs and to reimburse physicians that accept Medicare. Stabenow said she supports the so-called “Doc-Fix,” and added that she plans on putting forth an amendment to extend COBRA benefits for the unemployed. She also downplayed concerns that the bill, totaling over $100 billion in cost, would add to the nation’s already-massive deficit.
“The reality is that this legislation is part of turning things around and I would argue lowering the deficit,” she said. “When people are working, they are paying taxes...and that’s part of how you lower the deficit.”
Republicans, however, say Americans should be skeptical of Democratic attempts to spark economic recovery and take on the ballooning budget. In an email to Talk Radio News Service on Wednesday, Parish Braden, a spokesman for the RNC, took aim at Reed, calling him an irresponsible steward of his struggling state.
“Senator Reed isn’t up for reelection and has the luxury of not having to match facts to his rhetoric," Braden said. "It’s odd that the Senator would hold a news conference on the Democrats’ efforts to cut taxes and create jobs seeing as Rhode Island has lost over 18,000 jobs since the ‘stimulus’ became law and unemployment has jumped from 9.9% to 12.6% in the same period.
According to statistics compiled by the U.S. Department of Labor, Rhode Island and Michigan possess two of the nation's four highest state unemployment rates.
Article originally appeared on Talk Radio News Service: News, Politics, Media (http://www.talkradionews.com/).
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