Monday, May 14, 2012

Obama - With Yet Another Stimulus Plan

Obama pushes billion-dollar stimulus plan

Washington Times -- Putting pressure on Congress to approve parts of his latest economic stimulus plan, President Obama urged Americans Saturday to push lawmakers to approve his multibillion-dollar “to-do list” for creating jobs.

“Each of the ideas on this list will help create jobs and build a stronger economy right now,” Mr. Obama said in his weekly address. “Let’s push Congress to do the right thing. Let’s keep moving this country forward together.”

The president’s list includes an expanded program to help homeowners refinance their mortgages, a proposal to give small businesses tax breaks for hiring more workers, a program that would help veterans find jobs, and an extension of tax credits for clean-energy companies.

He lobbied for the refinancing plan Friday in a speech in Reno, Nev. – a state that ranks second in the nation in mortgage foreclosures.

All told, the proposals on the president’s list could cost up to $34.7 billion: They are part of a more comprehensive $447 billion jobs package that Congress mostly has resisted.

Mr. Obama didn’t discuss in his address the cost of his proposals or how to pay for them. The refinancing plan, for example, would likely include a fee charged to homeowners.

Blog author's comments - Another stimulus plan because the first one was such a success? And when it goes down in flames Obama will blame obstructionists Republicans, this is his strategy. Too bad that most of the voters cannot understand how much more deeply in debt we would be if the Democrats still had control of the House as they did during Obama's first two years in office.

President Obama - good luck on getting the House to work on this insanity. And many of your Dems in the Senate are no doubt, having second thoughts because of re-election. He knows this will never pass. He is just posturing for his base.

Obama is a disgusting little man. Same stuff different day, nothing new here. Obama is out of ideas so he will continue to play his blame the GOP game. At the top of my political to-do list is to vote Obama out of office in November.

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