The Republicans are skeptical of Obama's job plan
Best Growth Stock – Republican leaders today are being skeptical of the proposed work plan to Congress last night by President Barack Obama.
The leader of the Republican majority in the House of Representatives Eric Cantor was one that was more receptive to Obama’s plan, valued at 447,000 million (321,000 million euros), noting that there are elements “in we can work together. ”
Cantor said in an interview with CNBC that many of the points made by the President were already included in an earlier Republican proposal, and that the aim of his party “is to re-launch the business and create jobs “.
Also, the Speaker of the House, John Boehner said after the presidential address some of Obama’s proposals “deserve consideration.”
“I hope also that he (Obama) consider ours,” he added.
Among the points of like the Republicans are the crucial tax relief for small and medium businesses as well as the tax cut for the workers, according to estimates by the White House account for nearly half of the plan.
Other aspects, such as increased public investment in infrastructure and increased taxes on higher incomes, is expected to generate criticism from Republicans.
Several congressional Republicans as Orrin Hatch, the most representative of his party in the Senate Finance Committee, openly rejected the president’s plan.
“The plan is nothing new. Just then repeat the same failed policies he has pursued before, and I do not think that is more successful,” predicted told U.S. National Public Radio.
Similarly, Michelle Bachmann, a member of the House of Representatives and considered the star candidate for the presidential nomination by the Tea Party, accused Obama of being “politically paralyzed” and urged Congress to reject the proposal.
“The president called 535 congressmen to listen to what I consider nothing more than a political speech. We do not know the details, but I am clearly disgusted with what I heard,” he said.
Obama said during his speech that next September 19th will present a new plan “ambitious” deficit-cutting budget, one of the claims of the Republicans, “a plan that not only cover the cost of this bill (to create employment), but that will stabilize our long-term debt. “
Category: Business News
