Jobs Bill

The Senate Majority is considering alternatives to President Obama’s jobs bill.  The Senate rejected the latest version of the bill last week and will likely consider elements of the $447 billion measure with an eye toward breaking it into smaller bills.


House Majority Leader Eric Cantor, (R-VA) said Tuesday it was time to put aside “political games” and “find areas of commonality.” He said the House also would seek to move smaller pieces of the proposal, but it is not clear if the Senate Majority plans to offset smaller packages of spending programs or tax cuts with revenue increases similar to the 5.6 percent surtax on household income above $1 million used to finance the larger bill.