Sunday, October 23, 2011

Obama's Bill


The Senate has rejected President Barack Obamas’ job bill on Thursday, which would aid local and state governments to avoid layoffs.  Senate Majority Leader Harry Reid did announce that the Senate would use part of the jobs bill such as provision of new funding for infrastructures.  Republicans are blocking the $447 billion job package at any expense.   Democrats and the White House will now attempt to breakdown the Jobs Act into separate job proposals and attempt to get each passed. 



12 Reasons why Barack Obama is likely to Win http://www.thedailybeast.com/articles/2011/01/20/president-obamas-re-election-chances-12-reasons-why-hes-likely-to-win.html 
The question that arises in the mist of Obamas Presidency is will he win re-election of 2012?  Barack Obama is campaigning as well as trying to run a country.  Although he is having a touch time with Congress there are signs that show he will win the 2012 Presidential election.  One sign is that the GOP candidates are uneventful.  Although Mitt Romney is the front-runner no one of the candidates aside from Ron Paul who is underappreciated seems to have the authority and characteristics of a President.  Barack Obamas “charisma” is said to be an initial part of what will take him to the top.  His passion for helping this country is like no other candidate or President ever seen before.  Another way that Barakc Obama is said to win is because of the Latino Vote.  Although Barack Obama was said to be losing the Latino vote he has taken initiatives and continues doing so to gain and maintain his Latino supporters.  Under Barack Obamas Presidency Osama bin Laden was killed and voters definitely say they feel safer.  In essence under his Presidency we are “better off now than four years ago.”
Republicans insist that if the job bill is passed, that is an instant win for Barack Obama in the upcoming election.  They feel as though this jobs bill is a campaign strategy and not a valid source to create jobs.  In essence the bill will not pass the Senate and the House run by the GOP.  The job bill would be paid for by a tax increase of 0.5 percent of anyone making for than 1 million a year.  The bill would sustain over 400,000 teacher jobs during the year, which has been cut due to the economy over the past several years.   The means of funding will be attached to each initial additional plan and proposal.  Democrats believe that the increase in taxes of those making over a million a year is an initiative to a better economy.  Obama has asked his fellow Democrats within the Senate to hold a series of votes on other aspects of his American Jobs Act.  He wants them to examine parts such as tax credits for businesses that hire veterans and the long-term unemployed.  Democrats and Obama are assured that many aspects of the bill will be passed such as a 3% payroll tax cut to the first 5 million dollars of a company’s payroll. 
“We’re going to give Senate Republicans another chance to do what’s right for America,” Reid said. “They didn’t want to do the whole of the President’s bill. So we’re taking pieces of the President’s bill.”
President Barack Obama has said that our number one focus should be jobs as this would be a solution to our financial crisis.  He wishes to end incentives that ship jobs overseas.  As President it can be said that Barack Obama has had trouble getting things done because the Republicans simply won’t let him.  This is an example of the Presidents great attempt to helping the economy and the opposite party diminishing it. 

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