Democrats’ Plan B on jobs bill: Go smaller

From POLITICO:

Democrats may not vote on President Barack Obama’s jobs bill just once. They could hold several votes on it, even though they know it’s going nowhere.

But that’s just the public theater. Behind the scenes, Senate Democrats are trying to develop a Plan B: a series of smaller bills that actually have a chance of passing a badly divided Congress.

For instance, New York Sen. Chuck Schumer (D-N.Y.) has been quietly courting some Senate Republicans and Democrats to see whether there is any appetite for merging a GOP-backed idea — a tax holiday for corporations to bring home their overseas profits — with a Democratic-supported plan of creating a national infrastructure bank. At the same time, Democrats are weighing whether to push ahead with other individual pieces of the president’s jobs plan, like its extension of the payroll tax cut…

Click here to read the full article.

Share