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  • Jobs plan cedes too much to GOP (JESSE JAGMO THINKS BARRY IS TOO BI-PARTISAN)

    02/05/2010 5:25:41 PM PST · by Chi-townChief · 9 replies · 266+ views
    Chicago Sun-Times ^ | February 5, 2010 | JESSE JACKSON
    President Obama calls on Congress to pass a jobs program immediately, estimating its cost at $100 billion. This nestles the president's program nicely between the program passed by the House in December, totaling about $150 billion, and that being discussed by the Senate, said to be $80 billion and getting smaller by the day. Obama's plan -- in a clear concession to Republicans -- focuses on tax cuts and loans for small business. He endorses the "jobs tax credit," that would give small businesses a tax credit for new hires. He calls for eliminating capital gains taxes for some small...