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On Wednesday, CBS News learned that the president's jobs and growth package now could top $400 billion. That's a big number, and CBS News correspondent Norah O'Donnell reports that the size of this plan has grown over recent days.
Advisors claim this plan will have bipartisan appeal and will be paid for with additional deficit reduction. President Obama's plan will combine new tax cuts and spending measures.
Also included in the plan is an extension of the payroll-tax cuts set to expire. That's worth $1,000 per household. Its estimated cost is $120 billion dollars.
Originally posted by beezzer
Maxine Waters stated that the plan would be 1 trillion dollars.
Seems she might be right.
Just when I think that they (pols in D.C.) have reached the pinacle of stupidity, they prove me wrong.
Originally posted by Sevensight
What the hell? What is he trying to do, repair our roads and bridges? Is this asshat really trying to make America's infrastructure strong again? What an ass.
Originally posted by dolphinfan
reply to post by Sevensight
Infrastructure is an important thing - however the government has repeatedly shown itself to be unable to effectively implement infrastructure.
Find me one high speed rail or bridge project run by the government that has not been massively over both budget and schedule. You won't find one.
Want to build infrastructure, take it out of the government's hands, out of the union hands and let private companies do the work.