65% support cutting the payroll tax for all American workers;
64% support increased federal spending to build and repair roads, bridges and schools;
58% support cutting the payroll tax for all American businesses.The American people agree with economists across the political spectrum who are saying thatthe AJA will immediately create jobs and put more money in the pockets of middle classAmericans who are struggling to make ends meet. Yet Republican leaders
from Congress tothe presidential campaign trail
have been steadfast in their opposition without providing analternative that would create jobs now.
The Republican Alternative: Instead of Creating Jobs, Repeal Wall Street Reform, Cut Taxesfor Corporations and Millionaires
According to Senator McCain’s former economic advisor, the Republican economic proposals“won’t mean much for the economy and job market in the next year.” And he noted that “given
the high odds of another recession in the next few months, it is vital for Congress and theadministration to provide some near-
term support to the economy.”
There is no Republican alternative that would create jobs now.
Not from Republicans inCongress, and not from the Republican presidential candidates. They believe that we cansimply cut our way to prosperity, even if it means wiping out investments in education andresearch and development. And they have proposed a return to economic policies that led tochallenges we are still confronting
more tax breaks for large corporations, more tax cuts forthe wealthiest, and allowing Wall Street to write its own rules. In order to prevent oversight of Wall Street, Republicans are blocking the confirmation of
the President’s well
-qualified andwidely respected nominee to head the Consumer Financial Protection Bureau. This means thatpolicies to protect consumers from predatory lending that have already been signed into lawcan
’t be implemented.
The fundamental question in advance of tomorrow’s vote is this: will Republicans put country
ahead of party and pass this bill? Or will they oppose a bill that would create jobs now and thatthe American people support while standing by their proposals to extend tax cuts for largecorporations, millionaires and billionaires while allowing Wall Street to write its own rules?