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Title: Obama's Small Business Bill "Paid For"? Really? Post by: WhiskeyGirl on August 31, 2010, 05:50:30 AM Quote But we have to do more. And there’s currently a jobs bill before Congress that would do two big things for small business owners: cut more taxes and make available more loans. It would help them get the credit they need, and eliminate capital gains taxes on key investments so they have more incentive to invest right now. And it would accelerate $55 billion of tax relief to encourage American businesses, small and large, to expand their investments over the next 14 months. Unfortunately, this bill has been languishing in the Senate for months, held up by a partisan minority that won’t even allow it to go to a vote. That makes no sense. This bill is fully paid for. It will not add to the deficit. And there is no reason to block it besides pure partisan politics. http://latimesblogs.latimes.com/washington/2010/08/barack-obama-jobs-congress.html (http://latimesblogs.latimes.com/washington/2010/08/barack-obama-jobs-congress.html) How much of that money will benefit businesses with workers in China? Investments in North Korea and Mexico? Maybe it only provides investments in America? Somehow, I suspect it's a loser for the American worker. Show me the money. Maybe someone donated the $55 billion to Obama for his jobs bill? Won't add to the deficit? Why not use the $55 billion to pay down the deficit. Exactly where is that $55 billion coming from? TARP? Stimulus/Recovery? Obamacash? Won't add to the deficit because we're already paying for the debt? The money has to come from somewhere. A printing press? TARP? Stimulus/Recovery? Maybe Obama has a secret stash? Paris Hilton's purse that really isn't hers? jmho |