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Max Baucus, Charles Grassley unveil $85B jobs bill

Updated 3:01 p.m.
By Ben Pershing
The top Democrat and Republican on the Senate Finance Committee released a draft of the chamber's jobs bill Thursday, vowing to maintain the "bipartisan character" of their negotiations going forward.

The $85 billion package -- which includes a payroll tax break for employers hiring new workers along with a blend of tax credits, infrastructure spending and measures to extend expiring legislation -- is the first in what Democratic leaders say will be a series of job-creation measures the Senate will address in 2010. The bill also represents a break from recent partisan history in the chamber, where the majority and minority have been loathe to collaborate on any significant legislation.

"We are pleased to present this bipartisan draft legislation," Sens. Max Baucus (D-Mont.) and Charles Grassley (R-Iowa) said in a joint statement. "We want the bipartisan character of the discussions that led to this draft package to remain as the package is considered."

White House press secretary Robert Gibbs said in a statement that President Obama was "gratified" by the release of the bipartisan measure.

"The draft bill ... includes several of the President's top priorities for job creation, including a tax incentive to encourage businesses to hire, a tax cut to make it easier for small businesses to invest and expand, further measures to keep people at work repairing our nation's roads and bridges, and extended unemployment insurance and health care assistance for Americans who are out of work," Gibbs said.

Sen. Orrin Hatch (Utah), a key Republican negotiator on the bill, said the "draft proposal demonstrates what can happen when both parties come together in a meaningful way to address the needs of the American people."

Senate Majority Leader Harry Reid (D-Nev.) had hoped to introduce the jobs bill on Tuesday, but was stymied by the impending snowstorm and GOP negotiators' reluctance to sign on. Both Republicans and even some Democrats cautioned then that the measure wasn't ready, and expressed private concern that Reid might be speeding the process unnecessarily.

"Consistent with maintaining the spirit of bipartisanship, we believe that the appropriate timing and process will balance the goals of transparency with a desire to move expeditiously," Baucus and Grassley said Thursday. "Any efforts that needlessly rush the process through partisan means will undermine our goal of a bipartisan and transparent Senate legislative product."

The two senators added: "It is especially important that all members and the public have sufficient time -- at least 72 hours -- to review and comment on this package before the Senate begins voting on the bill because it has not gone through the regular committee process."

Democrats are expected to discuss the draft measure at a caucus luncheon Thursday, but votes on the bill will have to wait until the week of Feb. 22 unless Reid decides to bring the chamber back into session next week, canceling the scheduled President's Day recess.

The centerpiece of the jobs bill is a provision giving companies an exemption from paying Social Security taxes for the remainder of 2010 on every worker they hire who has been unemployed for at least 60 days. The proposal is popular among many lawmakers but has also sparked controversy, as some experts have questioned whether it will really create many jobs for its estimated cost of $13 billion over 10 years.

The bill also includes a one-year extension of the law governing the Highway Trust Fund, and federal subsidies for Build America Bonds, which help state and local governments fund infrastructure projects. The measure would renew several expiring tax credits, including the research and development credit, at a total cost of $31 billion. Unemployment insurance and COBRA health benefits each get three-month extensions, while the bill would postpone for seven months a scheduled cut in the payments doctors receive under Medicare. And the measure contains $6 billion worth of "timely, targeted relief" for private pension funds that suffered heavy losses in recent years.

Beyond the tax and spending provisions, the package extends the Patriot Act, the federal flood insurance program and a measure governing satellite television signals.

Notably, the measure does not address the estate tax, a legislative priority for many Republicans. But according to Baucus and Grassley, the negotiators agreed not to put off the issue much longer.

"First we will work to ensure that the scope of the Finance Committee package retains its bipartisan character," they said. "Second we are committed to timely consideration of permanent bipartisan estate and gift tax reform."

Roughly half of the bill's cost is offset by closing a variety of tax loopholes. Baucus and Grassley decided against using unspent money from the Troubled Asset Relief Program to pay for the measure, a strategy House Democrats used for their jobs bill in December but Republicans strongly oppose.

By Ben Pershing  |  February 11, 2010; 11:35 AM ET
Categories:  44 The Obama Presidency , Capitol Briefing , Economy  
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All this gibberish and hogwash written by all these commentators will mean absolutely nothing to any of those people sitting in their comfortable,warm offices on capital hill. Baucus and Grassley proposing a bipartisan jobs bill????? I can not see those two proposing any bill,bipartisan or not,that would benefit any part of our society unless there was millions of dollars in it for them. They POSSIBLY had a chance to ingratiate themselves with the people with a decent health bill but we all know they took millions from the health care industry to make sure no meaningful health reform took place. The money they propose in a jobs bill would only go to those who have no interests in "jobs"but only the money made available.Baucus and Grassley are doing this to gain political points toward reelection,nothing more......and the beat goes on.

Posted by: bobromero37 | February 12, 2010 10:00 PM | Report abuse

To DwightCollins: I couldn't afford to buy scrubs for work "Made in America". I could do without a 99 dollar per month bill for a cell phone with e-mail and apps on it, so Sue from Oklahoma could answer my calls just fine, if I had to make any, concerning my land line, and AT&T used to pay Sue for that, so maybe if they didn't have so many teenaged customers that can't pay their bills, Sue could be rehired. Visa labor programs??? Huh???? And are you suggesting that we need I.D.'s in this country so we can identify people like Nazi Germany????? "Lions and tigers and bears! Oh,no!", said Dorothy. Hope you make it to Oz.

Posted by: olmamma | February 11, 2010 9:23 PM | Report abuse

The Federal Government has NEVER - repeat NEVER - been able to create. or run a successful job creation program. See Lyndon Johnson's CETA boondoggle. The money always ends up in the hands of bureaucrats and "trainers" New jobs are few and far between - Always. Why bother now?

Posted by: sameolddoc | February 11, 2010 9:01 PM | Report abuse

Great, same Baucus & Charles Grassley that produced NO real Universal health care proposal are now working on the Job bill.
This should result in another gift to the Super rich and screwing the Middle class.

Lets face it NOTHING will get done in the US Senate for the benefit of American people (middle class) because the US senate, specially Republicans, are wholly owned by Big corporations (Big pharma, Big insurance, Big Military, etc.), so in effect Republican senators are the true enemy of American people, and they get away with this by how right-wing the US Media is, which means that it too is also owned by the same Big corporations (Big pharma, Big insurance, etc. - more on this last point here.

As the best and ultimate proof that Republicans truly hate the American people (middle class), take Orin Hatch and Lieberman and their views regarding Israel and Universal nationalized health care for Americans. Note: you can replace the name of Orin Hatch with just about any Republican senator and many "moderate" Democrats (aka Republicans) too, specially Lieberman, but for sake of this proof we will use Orin Hatch and Lieberman who have been most against any sort of Universal nationalized health care for Americans.

U can read full article here:

Posted by: RealNews1 | February 11, 2010 8:56 PM | Report abuse

A Common Sense Approach to the Senate Finance Jobs Bill

Bellow is some of by things I wish to see in any jobs bill. Lawmakers need to focus on futuristic vision of an America without utility poles, elimination overhead high voltage wires, and provide incentives for smart homes and skyscrapers with wind-powered generators. In addition, we must find a way to enhance chronic unemployed people with bad debt, there should be an amendment for credit Forgiveness and debt consolidation for new hired employees. Let me know what you think.

1. A national law to remove all highway overhead power Lines, and promote off the grid solar powered streetlights.

The purpose of this law is to remove all overhead power lines and place them under-ground, it includes power generated lines, transformers, and relay stations. All antiquated electrical Trains power lines, must be modified or retrofitted in a fashion, that to eliminate overhead power lines. In addition, all highway streetlights are to be removed and replaced them with off the grid solar highway streetlights.

This will provide thousands of jobs in the highway, transportation, energy, mining, and recycle industries. All of the utilities poles can be salvage at sawmills for prefabricated docks and boardwalks construction. The used electrical wiring can be melted down and reuse, all aluminum utility high voltage line structures to be dismantle and recycle in to American made, highway guard rails, bridge construction and new solar powered highway street lights.

2. Manufacturing Utility Bills Tax Credit for manufactures that retrofit their facility (ies), with solar and wind powered, renewable energy and LEED certification.

The purpose of this law is to provide American manufacturing a tax relief up 80% of their utilities if they upgrade their facilities "between", February 3, 2010 to December 31, 2011.

To Qualify:
(a) Hire at least 20 unemployed workers
(b) Used 50% subcontracting for minority firms for solar installation and retrofitting
(c) Produce or manufacture electronic components, parts, computers, cell phones, medical equipments, software, and green technology.
(d) Solar installation training and maintenance
(e) New mandated construction for solar building, new homes, high rise or skyscrapers

3. Credit Forgiveness and consolidation

The purpose of this law is to relieve unemployed workers of laden debt.

To Qualify:
(a) Must be employed “between” February 3, 2010 to July 4, 2011
(b) Must be 18 years old are older
(c) Must have over $3,500 of debt
(d) Must been unemployed over six months
(e) Must be able to agree to consolidate 100% of all current bad debts, at the threshold of 25% of disposable income

Posted by: nateminor | February 11, 2010 8:41 PM | Report abuse

Just scrolling down thru the bill is very revealing. It's unbelievable how many provisions of the bill and how much money have absolutely nothing to do with jobs.

Examples, medicare/medicaid, ambulances, air ambulances, agua agriculture, pensions etc. Probably somewhere buried there is something for ACORN and SEIU. Just look at the index of the bill to see why I question how many jobs it would actually create.

Posted by: thehamptons1 | February 11, 2010 8:40 PM | Report abuse

Any bet on how long it will take for Grassley to back away from this one. He did it on the health care bill, voted for it in committee and thumbed his nose at it a day later when he said that the legislation proposed would pull the plug on Granny. The bipartisan aspect is tentative. Don't count them in until they call with an approval.

Posted by: ronjeske | February 11, 2010 8:24 PM | Report abuse

One word I could live without hearing for a very long time: BIPARTISAN. It's a waste of time and nobody is fooled by it.

Posted by: gce1356 | February 11, 2010 8:19 PM | Report abuse

Baucus and Grassley will get the primary axe.This is just another theft thats all.

Posted by: Imarkex | February 11, 2010 8:17 PM | Report abuse

The use of government spending to stimulate employment is only to be a very last resort. Even a minimal increase in private sector demand is more cost effective than increased federal involvement.

Agreed, it's not as flashy. But, it is real. And, it doesn't require a deeper deficit.

Posted by: juggernautenterprises | February 11, 2010 8:14 PM | Report abuse

Reid and Pelosi should have been ushered out with Bush and Cheney. Someone needs to get Obama and Tim Kaine to grow a pair and start taking control of that party. Start playing dirty. Go nuclear. Everyone knows the GOP won't play nice. Shelby has no problem holding up a ton of routine nominations so he can some more pork barrel for Alabama. Bachmann just flat out lies about everything. Lieberman will go where ever the cameras are. Start shoving stuff down their throats and make them look bad to their own supporters.

Posted by: BurtReynolds | February 11, 2010 8:05 PM | Report abuse

Can someone please fight for working families?

This is not a jobs bill.

The states need to lure businesses and innovation or have a product to sell.

The Recovery act (Stimulus Bill) is working.

Unemployment is down.
GDP is growing.

Now the American people need to become innovative, invent something and start their own business.

It is not the Federal Governments job to send you money so you can temporarily hire a person.

Is there a provision to stop small business from firing the people they have and hiring two new people?

Posted by: GAPRDDESC | February 11, 2010 7:57 PM | Report abuse

There is nothing in this bill that points to any jobs.

This is a farce...

Posted by: GAPRDDESC | February 11, 2010 7:50 PM | Report abuse

What the....These people are robbing the American people. TV was free now we pay an arm and a leg in hidden fees and taxes. This is an outrage!!!

Do the research!!! Check out the accounting practices.

Sec. 901. Short title.
Subtitle A—Statutory Licenses

Sec. 901. Reference.

Sec. 902. Modifications to statutory license for satellite carriers.

Sec. 903. Modifications to statutory license for satellite carriers in local markets.

Sec. 904. Modifications to cable system secondary transmission rights under
section 111.

Sec. 905. Certain waivers granted to providers of local-into-local service for all
Sec. 906. Copyright Office fees.
Sec. 907. Termination of license.
Sec. 908. Construction.

Subtitle B—Communications Provisions
Sec. 921. Reference.
Sec. 922. Extension of authority.
Sec. 923. Significantly viewed stations.
Sec. 924. Digital television transition conforming amendments.

What Amendments? What is this? Gibberish?

Sec. 925. Application pending completion of rulemakings.
What the...?

Sec. 926. Process for issuing qualified carrier certification.

Sec. 927. Nondiscrimination in carriage of high definition digital signals of
noncommercial educational television stations.

Sec. 928. Savings clause regarding definitions.

Sec. 929. State public affairs broadcasts.

What the ....?

Posted by: GAPRDDESC | February 11, 2010 7:46 PM | Report abuse

"Why do teabaggers parrot Limbaugh and Hannity rather than thinking for themselves?"
Thanks birvin9999, Ain't it the TRUTH!

Posted by: lufrank1 | February 11, 2010 7:46 PM | Report abuse

Look at the TAX CODE and look at what Two parents working have to pay out and all the phased out deductins that does not take in the cost of living. Eliminate the AMT now! Stop redistribution of wealth!

Nothing in this bill so far is needed or necessary.

Posted by: GAPRDDESC | February 11, 2010 7:42 PM | Report abuse

Am I missing something? What happened to what President Obama outlined? Looks like anything for the Middle Class working family such as college write-offs has been dropped.

Posted by: GAPRDDESC | February 11, 2010 7:40 PM | Report abuse

Subtitle C—Homebuyer Credit
Sec. 861. Technical modifications to homebuyer credit.

Finally, something the Middle class who has both parents working with children in all levels of school including college!!

Can you believe it one liner!!! Can someone send a lobbiest to washington for the Working poor, Working Families who are not teachers and business owners?

Who in the heck up their is fighing for me?

Subtitle D—Economic Substance
Sec. 871. Codification of economic substance doctrine; penalties.

What the....?
Subtitle E—Additional Provisions

Sec. 881. Revision to the Medicare Improvement Fund.

I hope this is to reduce the cost of of healthcare so that it lasts longer.

Posted by: GAPRDDESC | February 11, 2010 7:38 PM | Report abuse

Subtitle B—Black Liquor
Sec. 851. Exclusion of unprocessed fuels from the cellulosic biofuel producer

Sec. 852. Prohibition on alternative fuel credit and alternative fuel mixture
credit for black liquor.


Posted by: GAPRDDESC | February 11, 2010 7:35 PM | Report abuse

Sec. 711. Adjustments to funding standard account rules.


Subtitle A—Foreign Account Tax Compliance

Sec. 801. Reporting on certain foreign accounts.

You should be reporting on absolutely all foreign accounts that are American owned.

Sec. 802. Repeal of certain foreign exceptions to registered bond requirements.

Sec. 811. Disclosure of information with respect to foreign financial assets.

Its about time!

Sec. 812. Penalties for underpayments attributable to undisclosed foreign financial assets.

The penalty should be worse than what the IRS does to individual.

Can you stop the penalties on taxes for individuals?

Sec. 813. Modification of statute of limitations for significant omission of income in connection with foreign assets.

What the heck... How does this work?

Sec. 821. Reporting of activities with respect to passive foreign investment companies.

Sec. 822. Secretary permitted to require financial institutions to file certain returns related to withholding on foreign transfers electronically.


Sec. 831. Clarifications with respect to foreign trusts which are treated as having
a United States beneficiary.

Sec. 832. Presumption that foreign trust has United States beneficiary.

Sec. 833. Uncompensated use of trust property.

Sec. 834. Reporting requirement of United States owners of foreign trusts.

Sec. 835. Minimum penalty with respect to failure to report on certain foreign


Sec. 841. Substitute dividends and dividend equivalent payments received by
foreign persons treated as dividends.

What you going to do after the report?

Posted by: GAPRDDESC | February 11, 2010 7:31 PM | Report abuse

Is this an April fool joke? I do not believe Grassley is working with the Democrats to prepare a bill for President Obama to sign! What is behind curtain number 1? I believe it when I see it. Please remember this bill is a start, the parts that work will stay and the parts that are not working will be voided. But a start is better than no bill, I suppose. Grassley is not to be trusted!

Posted by: sun52shine | February 11, 2010 7:30 PM | Report abuse

Max Baucus is in charge of the jobs bill? Are you kidding us? Has Harry Reid learned nothing?
It's time to clean house, on both sides of the aisle, in the U.S.Senate.

Posted by: BBear1 | February 11, 2010 7:30 PM | Report abuse

Hey, people still have pensions? The generation before us outlawed pensions... What the ....

Posted by: GAPRDDESC | February 11, 2010 7:26 PM | Report abuse


Subtitle A—Unemployment Insurance

Sec. 626. Extension for specialized MA plans for special needs individuals.

Sec. 627. Extension of reasonable cost contracts.

Sec. 628. Extension of particular waiver policy for employer group plans.

Sec. 629. Extension of continuing care retirement community program.

Sec. 630. Funding outreach and assistance for low-income programs.

What about the families who never qualify for anything and are drowning sending all our money to Washington? Can a Middle Class family catch a break?

Sec. 631. Family-to-family health information centers.

What is the phone number? What is this?

Sec. 632. Implementation funding.

For what?

Subtitle C—Other Provisions

Sec. 641. Extension of use of 2009 poverty guidelines.

Can you create the 2009 Family rescue guidlines?

Sec. 642. Refunds disregarded in the administration of Federal programs and
federally assisted programs.

Sec. 643. State court improvement program.

Sec. 644. Extension of national flood insurance program.

Sec. 645. Extension of intelligence authority sunsets.

Well Well! What do we have here?

Sec. 646. Emergency disaster assistance.

Sec. 647. Small business loan guarantee enhancement extensions.


Subtitle A—Single Employer Plans

Sec. 701. Extended period for single-employer defined benefit plans to amortize
certain shortfall amortization bases.

Sec. 702. Application of extended amortization period to plans subject to prior law funding rules.

Sec. 703. Lookback for benefit accrual restriction.

Posted by: GAPRDDESC | February 11, 2010 7:24 PM | Report abuse

This jobs bill looks pretty good to me. I want to thank our elected officials for their labors. But I'm a little miffed that they're taking a week off, right after several days off due to the storms. sheesh

Posted by: Jeff81 | February 11, 2010 7:15 PM | Report abuse


Subtitle A—Unemployment Insurance

Sec. 601. Extension of unemployment insurance provisions.

These people are voting against their own interest. Enough. Time for their state to create a job or they invent one. do not use another dime of the TAX payer dollar to do this.

Subtitle B—Health Provisions

Sec. 611. Extension and improvement of premium assistance for COBRA benefits.

Absolutely not!!!
NO NO NO. Their representatives who have the highest uninsured voted for no Health Care reform or option. So no.

Sec. 612. Increase in the Medicare physician payment update.

Well! Well! what do we have here?

Sec. 613. Extension of therapy caps exceptions process.

Should be no caps on any kind of therapy.

Sec. 614. Treatment of pharmacies under durable medical equipment accreditation

Sec. 615. Enhanced payment for mental health services.

Can I have more of my tax dollars back?

Sec. 616. Extension of ambulance add-ons.

Sec. 617. Extension of geographic floor for work.

Sec. 618. Extension of payment for technical component of certain physician
pathology services.

Sec. 619. Extension of outpatient hold harmless provision.

Sec. 620. EHR Clarification.
What the heck is this?

Sec. 621. Extension of reimbursement for all Medicare part B services furnished
by certain indian hospitals and clinics.

Sec. 622. Extension of certain payment rules for long-term care hospital services
and of moratorium on the establishment of certain hospitals
and facilities.

Sec. 623. Extension of the Medicare rural hospital flexibility program.
WHY? They don't want it. They don't want an OPTION they don't want to cut down the cost...SO why am I funding this?

Sec. 624. Extension of section 508 hospital reclassifications.

Sec. 625. Technical correction related to critical access hospital services.

Posted by: GAPRDDESC | February 11, 2010 7:15 PM | Report abuse

Baucus voted for the Bush tax cuts in 2001.

Baucus twice voted to make filing bankruptcy more difficult for debtors, once in July, 2001 to restrict rules on personal bankruptcy, and a second time in March 2005 to include means-testing & restrictions for bankruptcy filers.

In 2008, he voted in favor of permanently repealing the estate tax.
CHAIRMAN of the Senate Committee on Finance
Max Baucus D-Montana 2001
Chuck Grassley R-Iowa 2001
Max Baucus D-Montana 2001-2003
Chuck Grassley R-Iowa 2003-2007
Max Baucus D-Montana 2007-Present

puts things in perspective for me.

grassley and baucus are two tag teamers!!!!! come on washpo do some reporting

Posted by: AllforOne | February 11, 2010 7:12 PM | Report abuse

Subtitle D—Temporary Disaster Relief Provisions


Sec. 571. Waiver of certain mortgage revenue bond requirements.

Sec. 572. Losses attributable to federally declared disasters.

Hey the American Family suffered a hardship and we need to keep more of our tax dollars. Can we catch a break?

Sec. 573. Special depreciation allowance for qualified disaster property.

Sec. 574. Net operating losses attributable to federally declared disasters.

Sec. 575. Expensing of qualified disaster expenses.


Sec. 581. Special depreciation allowance for nonresidential and residential real

Sec. 582. Tax-exempt bond financing.

Can all the states get this or does the New York Federal reserve state only get this?


What the heck is this?

Sec. 583. Special depreciation allowance.

Can we get the FAMILY ZONE?

Sec. 584. Increase in rehabilitation credit.

Sec. 585. Special rules for use of retirement funds.

Hey can I get this? These people vote against their own interest. Le me have this provision.

Sec. 586. Exclusion of cancellation of mortgage indebtedness.

What the heck!!!

Posted by: GAPRDDESC | February 11, 2010 7:08 PM | Report abuse

Sec. 521. Election for refundable low-income housing credit for 2010.

Subtitle C—Business Tax Relief
Sec. 531. Research credit.
Can a working family of two and children get some relief?

Sec. 532. Indian employment tax credit.
What the heck is this!

Sec. 533. New markets tax credit.

Sec. 534. Railroad track maintenance credit.

Sec. 535. Mine rescue team training credit.

Sec. 536. Employer wage credit for employees who are active duty members of
the uniformed services.

Sec. 537. 5-year depreciation for farming business machinery and equipment.

Sec. 538. 15-year straight-line cost recovery for qualified leasehold improvements,

qualified restaurant buildings and improvements, and
qualified retail improvements.

Sec. 539. 7-year recovery period for motorsports entertainment complexes.

Sec. 540. Accelerated depreciation for business property on an Indian reservation.

Sec. 541. Enhanced charitable deduction for contributions of food inventory.

Sec. 542. Enhanced charitable deduction for contributions of book inventories
to public schools.

Sec. 543. Enhanced charitable deduction for corporate contributions of computer
inventory for educational purposes.

Sec. 544. Election to expense mine safety equipment.

Sec. 545. Special expensing rules for certain film and television productions.

Can I deduct the interest of my car?

Sec. 546. Expensing of environmental remediation costs.

Sec. 547. Deduction allowable with respect to income attributable to domestic
production activities in Puerto Rico.

Sec. 548. Modification of tax treatment of certain payments to controlling exempt
What ?

Sec. 549. Exclusion of gain or loss on sale or exchange of certain brownfield
sites from unrelated business income.

Sec. 550. Timber REIT modernization.

Sec. 551. Treatment of certain dividends and assets of regulated investment

Can you please let me keep more of my money and stopped phased out deductions for people making under 250,000. Can you eliminate the AMT?

Sec. 552. RIC qualified investment entity treatment under FIRPTA.

Sec. 553. Exceptions for active financing income.

Sec. 554. Look-thru treatment of payments between related controlled foreign
corporations under foreign personal holding company rules.

Sec. 555. Temporary reduction in corporate rate for qualified timber gain.

Sec. 556. Basis adjustment to stock of S corps making charitable contributions
of property.

Sec. 557. Empowerment zone tax incentives.

Can you empower the Family zone tax incentives?

Sec. 558. Tax incentives for investment in the District of Columbia.

Sec. 559. Renewal community tax incentives.

Sec. 560. Temporary increase in limit on cover over of rum excise taxes to
Puerto Rico and the Virgin Islands.

What the .....
Sec. 561. American Samoa economic development credit.

What about the American Family... Can we catch a break here since we elected you to office?

Posted by: GAPRDDESC | February 11, 2010 7:03 PM | Report abuse

Good idea.....but a lot of our legislation STARTS that way.

Let's wait for the other 92 vultures who weren't immediately involved to try and get their beak wet. Kinda like what started so promising with health care with acknowledgment of what had to be fixed which deteriorated into "pay me to vote yea".

Posted by: theobserver4 | February 11, 2010 7:01 PM | Report abuse

Sec. 511. Deduction for certain expenses of elementary and secondary school

I'm glad they get a break. Can a Family get a freakin break?

Sec. 512. Additional standard deduction for State and local real property taxes.

How much additional? This is probably phased out for the Middle Class you think makes money not taking in to account the cost of living!!!

Sec. 513. Deduction of State and local sales taxes.

Hmmm. tell me more. Is this on everything I buy at the store? Surely I'm mis reading this one. Is this for school teachers or everyone?

Sec. 514. Contributions of capital gain real property made for conservation purposes.

Is this just for teachers or all of us?

Posted by: GAPRDDESC | February 11, 2010 6:56 PM | Report abuse


I said stop the automatic stablizers. Enough spending.

Subtitle A—Energy
Sec. 501. Alternative motor vehicle credit for new qualified hybrid motor vehicles
other than passenger automobiles and light trucks.

If you give me my tax dollars back I can buy a freakin car and use this credit until then this is of not.

Sec. 502. Incentives for biodiesel and renewable diesel.

Sec. 503. Credit for electricity produced at certain open-loop biomass facilities.
Sec. 504. Credit for refined coal facilities.

Sec. 505. Credit for production of low sulfur diesel fuel.

Sec. 506. Credit for producing fuel from coke or coke gas.
What? Who is doing this? the coke we drink is being used as fuel? Explain please.

Sec. 507. New energy efficient home credit.
Again if you let me keep more of the money I earn, I can use this credit until then this is of not!!

Sec. 508. Excise tax credits and outlay payments for alternative fuel and alternative
fuel mixtures.

What about eliminating a parallel tax system like the freakin AMT!!!

Sec. 509. Special rule for sales or dispositions to implement FERC or State
electric restructuring policy for qualified electric utilities.

Why they charge us a arm and a leg just to use the freakin electric.

Sec. 510. Suspension of limitation on percentage depletion for oil and gas from
marginal wells.

What? you are going to do what? Extend this after the oil companies broke the national bank and made record profits. Surely, I am mis understanding this provision.

Posted by: GAPRDDESC | February 11, 2010 6:51 PM | Report abuse

Subtitle D—Revenue Provisions
Sec. 441. Repeal of provision prohibiting the crediting of interest to the Highway
Trust Fund.

Can your repeal the provision prohibiting me from writing-off the interest on anything I buy?

No that would be too much like right!!

Sec. 442. Restoration of certain foregone interest to Highway Trust Fund.
Again all this money to the highway. I thought the first stimulus went to transportation.

Sec. 443. Treatment of certain amounts appropriated to Highway Trust Fund.

Sec. 444. Termination of transfers from highway trust fund for certain repayments
and credits.

Sec. 445. Extension of authority for expenditures.

Sec. 446. Level of obligation limitations.

Posted by: GAPRDDESC | February 11, 2010 6:46 PM | Report abuse

The bill has:

Subtitle C—Public Transportation Programs
Sec. 431. Allocation of funds for planning programs.

AGain with the rides. What about the family? Can the family sending their kids to college, working and buying goods get a freakin grant!!!

Sec. 432. Special rule for urbanized area formula grants.

What the heck is this?

Sec. 433. Allocating amounts for capital investment grants.

Can you reallocate my money back to me!!!

Sec. 434. Apportionment of formula grants for other than urbanized areas.

Sec. 435. Apportionment based on fixed guideway factors.

Sec. 436. Authorizations for public transportation.

Sec. 437. Amendments to SAFETEA–LU.

Is there Authorizations for the Family struggle act? Its my tax money. give me my money back!!!

Posted by: GAPRDDESC | February 11, 2010 6:42 PM | Report abuse

The Bill hasL

Sec. 401. Short title.
Subtitle A—Federal-aid Highways
Sec. 411. In general.
Sec. 412. Administrative expenses.
Sec. 413. Rescission of unobligated balances.
Sec. 414. Reconciliation of funds.
Subtitle B—National Highway Traffic Safety Administration, Federal Motor
Carrier Safety Administration, and Additional Programs
HUH? What the heck is this?

Sec. 421. Extension of National Highway Traffic Safety Administration Highway
Safety Programs.

Sec. 422. Extension of Federal Motor Carrier Safety Administration Programs.

Sec. 423. Additional programs.

Maybe we should start walking if I have to pay 6 months pay for highways!!!

Posted by: GAPRDDESC | February 11, 2010 6:38 PM | Report abuse

The bill contains:

Sec. 201. Increase in expensing of certain depreciable business assets.

What about the individual who files income tax returns? Can we get some help?
No we get phased out deductions!!!

Sec. 301. Issuer allowed refundable credit for certain qualified tax credit bonds.


Posted by: GAPRDDESC | February 11, 2010 6:36 PM | Report abuse

This article reports that the Bill contains:
Sec. 1. Short title; amendment of 1986 Code; table of contents.


Sec. 101. Payroll tax forgiveness for hiring unemployed workers.

Sec. 102. Business credit for retention of certain newly hired individuals in

So far I see no reform to the TAX code that would help the Middle Class that own no business!!!

Posted by: GAPRDDESC | February 11, 2010 6:34 PM | Report abuse

A new idea? Oh, we don't think Jesus likes that. We're doing so well with the same, let's just stay the course, of course.

Posted by: coloradodog | February 11, 2010 6:24 PM | Report abuse

Grassley is one of those guys in the Senate that keeps the lights in Congress even through the dark days of dirty dealings by Cheney and a Congress operating in the cloak room.

Baucus and Grassley both may want to ask themselves why Bankers are now overly protective of their customers and investors from a local to international level. I grew up with conservative banking systems that would not allow me to over extend myself. I never thought I was living beyond my means until I became very ill. In fact, forgiveness (which is a principle of bankruptcy) was discouraged throughout Bush43 years. In addition, tort reform was big as well.

Toyota failed Quality Assurance 101 to me. Premise we tried to teach elitists in the Ivory Tower from the ground up is that liability avoidance techniques leads to compounding those same liabilities resulting in higher damage costs.

Perhaps lawyers are the real problem as they try to avoid or limit liabilities for a living. In the history of Corporate America, people die while survivors are harassed.

Posted by: truthhurts | February 11, 2010 6:04 PM | Report abuse

This is crazy. They started with the idea of a Soc Sec tax holiday for hiring people...great then add all this other crap that is not needed. I like how they slipped in 6 billion for pension funds that lost money...WTF is that about. There better be an explanation for that line item. Why roll in the Patriot ACT? This is the same crap people hate congress for. If it is a Jobs bill, just do what you think is necessary to help with jobs, and vote.

This is a grandstanding bill that should be called "look we can work together bill, and we understand the economy is number one"

Posted by: DC_Arch | February 11, 2010 5:57 PM | Report abuse

Before you spend another dime on anything, come to my house and take a look at all the fees, usury fees, hidden taxes, cost of living, AMT, income tax I pay. Do not act like you are so out of touch with the man on the ground. NO to JOBS BILL!!

WE do not need to reward businesses who refuse to hire people. The people need to invent, got off unemployment and create a job themselves. Live like the haitians on nothing. Stop being so D@M!!! SPOILED!! Do not extend unemployment or Cobra.

When you behavior as badly as this congrees and senate everything should be frozen in time. No spending!

No more subsidies to farms, foreign countries, corporations.

Stop now.

Let the Recovery Act (Stimulus) work first.

Just stop!!!!

Posted by: GAPRDDESC | February 11, 2010 5:33 PM | Report abuse

Let the Recovery Act (Stimulus Bill work) . NO more redistribution of wealth!!!

You are gridlocked. So do not reward bad behavior with earmarks and goodies.

No more spending. Unemployment is down, the GDP is growing.

States should be getting their people jobs not the Federal Government.

Why holler limited government then holler give me your tax dollars for my state.

NO JOBS BILL!!! This feels like when I said NO TARP and was ignored!!!

Posted by: GAPRDDESC | February 11, 2010 5:27 PM | Report abuse

wow - they porked this one way up.

so exactly where are the jobs. money to government to keep public workers who were not going to get fired anyway - raises. PUT THAT IS THE JOB SAVED COLUMN. lmao.

there is exended unemployment - and if they cant get a job in a year quit paying them to stay home. that is called retirement.

and the tax savings - well if an employer wants to pay a new employee over ONE HUNDRED THOUSAND DOLLARS the employer can save six thousand dollars. wow - small business will run out to take advantage of that one.

well that is another republican we need to get rid of - its a given that all the dems have to go.

Posted by: infantry11b4faus | February 11, 2010 5:04 PM | Report abuse

Reid just killed this bill - woohoo!
Too many non-jobs pork in it.
There was even an extension of the Patriot Act - and lots of goodies for the Wealthy.

Posted by: angie12106 | February 11, 2010 4:56 PM | Report abuse



Posted by: angie12106 | February 11, 2010 4:54 PM | Report abuse

For the moment.

Posted by: screwjob11 | February 11, 2010 4:37 PM | Report abuse

Yeah, right.

Posted by: sensible | February 11, 2010 4:35 PM | Report abuse

...and the Administration is "cheered" by the lower unemployment numbers, too. Of course, last month, they re-wrote how the calculate those numbers and, I would like it noted, the raw U-6 numbers show another increase in unemployment.....

God, are these people that shallow, that self deluded? Re-elect no one, but whatever you do, throw each and every Democratic candidate under the bus. We simply cannot tolerate the entire federal government being run by one party of crooks and imbeciles. At the very least, the Republican's and Democrat's will fight with each other rather than inflict their hare brained schemes on us.

Posted by: mibrooks27 | February 11, 2010 4:30 PM | Report abuse


Posted by: ComradeRahcuk | February 11, 2010 4:27 PM | Report abuse


Posted by: wcmillionairre | February 11, 2010 4:07 PM | Report abuse

Sad to say but we just have to say no to more spending. We're broke and have to start making spending decisions accordingly.

Posted by: hit4cycle | February 11, 2010 4:05 PM | Report abuse

The Dems come up with the spending and the Repubs figure out how to pay for it - typical

Posted by: Holla26 | February 11, 2010 4:05 PM | Report abuse

1. The Proletarian Review advocates a national partnership with Labor Ready, Able-Body, Manpower and Snelling, as well, as a coalition of situation work businesses to ensure that there is a transitional phase into part-time and full-time work opportunities. This is critical for those who are returning into the American Workforce. Situational and temporary work assignments will fill economic gaps experienced by underpaid workers.
2. A national limited liability corporation could be structured to help initiate this objective. Also, fully funding Job Corp and Peace Corp for ages 17-50. These intiatives would bridge breaks in job transitioning.

Antonio Ivan Easterling
Chief Editor
The Proletarian Review

Posted by: sterlinggo1 | February 11, 2010 4:03 PM | Report abuse

The only jobs which will be created will be more government bureaucrats. What really needs to happen is reduce the tax burden on the worker, in the form of reducing the withholding tax, and not by the paltry amount the Obama Administration did last year. Give the working American a bigger paycheck to spend how they will, and business will increase. It's that simple.

Unfortunately, it doesn't give Congress the chance to wheel and deal for themselves out of the taxpayer's eye.

Posted by: srpinpgh | February 11, 2010 3:59 PM | Report abuse

This is nothing more than the failed stimulus under another name. Business doesn't need tax credits for hiring people, they need capital to improve their plant conditions and marketing to CREATE new business opportunities which then creates jobs.
Furthermore, adding all sorts of caveats - like only applicable to rehiring people out of work, etc. only creates more roadblocks.

As usual the Democrats have got it bass ackwards. But what else is new?

Posted by: sandynh | February 11, 2010 3:56 PM | Report abuse

Grassley is has said he won't run again! Baucus is in trouble!

Posted by: houston123 | February 11, 2010 3:53 PM | Report abuse

1. Outstanding! This is the first baby step toward economic recovery of the American Workforce. Capitalization and recapitalization of the labor market is the real answer to the economic depression. Trickle up economics will encourage local vendors to expand business inventories. Outstanding!
2. The next step is sustained capital investment in labor and targeted investment in our infrastructure. Congress has finally shown the American Workforce who they represent. The New Deal II is on the horizon.
3. More tax reform and tax breaks are required for the American Workforce. Tax reform based on work, education and business ventures (WEB) verses the amount of children has to be legislated into law. Hardworking Americans are denied ample investment capital from the Department of Treasury. The President, Congress and Corporations have a mutual stake to reward those who work 2 or 3 jobs and pay their taxes yet receive very little return-on-investment from the United States Treasury. All of our tax dollars are given away to people with 4-5 children who pay very little in actual taxation. The earn income credit should be reduced so that the American Workforce can receive a 1200.00 refundable credit for the performance of work, education and business venture (WEB). We must praise labor, reward work, and strive for education/business excellence. Lastly, help people with education and business challenges.

Antonio Ivan Easterling
Chief Editor
The Proletarian Review

Posted by: sterlinggo1 | February 11, 2010 3:49 PM | Report abuse

Finally! These guys might stop acting like they're in a perpetual election cycle and get something done for the people who elected them.

Posted by: am1968 | February 11, 2010 3:47 PM | Report abuse

This will not create one REAL job.

Who do they think they're fooling?

And a three-month extension of jobless benefits - wow, how generous are they???

Posted by: solsticebelle | February 11, 2010 3:44 PM | Report abuse

The "multiplier effect" is a myth

Its just more pork and corruption for union thugs.

Posted by: pgr88 | February 11, 2010 3:37 PM | Report abuse

BEWARE- Any legislation offered by these two cannot bore well for the american people. Everything out of this body that suggest bipartisanship today means it is all about them fooling us to keep their jobs. When are we going to wake up and challenge this betrayal of the public trust.

Posted by: jmm42 | February 11, 2010 3:25 PM | Report abuse

Republicans will say a jobs bill is not only not necessary and a boondoggle, it is a job killer. Furthermore, it won't work and increases the deficit. As long as Republican bankers are in their counting houses rolling around in ecstasy in their cash, all is well. Americans don't want no steenking jobs. They want smaller, less intrusive government, no taxes, and perpetual war. Oh, and keep your government hands off my Medicare.

Posted by: BlueTwo1 | February 11, 2010 3:19 PM | Report abuse

Baucus is the ONLY Democrat to say "maybe we should consult with Republicans" in over a year and he's vilified by the left.

And Republicans and the American people are to believe claims of bipartisanship by Obama and Democrats?

You don't have a super majority any more. The far left never had a super majority. They acted like it. They over-played their hand and lost. And they're not even humbled by that fact. It's going to take some time to gain the respect of the other members at the table again.

And it may never come as Democrats continue with threats of unethical and undemocratic actions like jamming through health care through reconciliation, tempting moderate Republicans with single-issue payoffs, and recess appointments.

Posted by: cprferry | February 11, 2010 3:14 PM | Report abuse

Drinking game: Take a drink every time someone says "bi-partisan" this weekend. Play with your friends!

Posted by: mikem1 | February 11, 2010 3:05 PM | Report abuse

Hmm that is smart..

We use $85Billion we actually have.
Invest it in jobs.
Which has a multiplier effect moving through the system.

When that money starts moving through.
More taxes revenue should be available.

Implement a second $85B.

At least the employment flywheel wheel will be turning.

Keep adding a little more energy to the system event on their own will pick up speed naturally.

Going to take a while..

Just like getting the Neocons out of office.

After they were out.
We have HOPE..

Even though Palin and the GOP are doing everything they can to kill HOPE.


Posted by: Issa1 | February 11, 2010 3:01 PM | Report abuse

Would the people of Iowa please recall this idiot Grassley. We don't need a bi-partisan approach to pursuing liberal progressive policies. Spending another penny of taxpayer money on "jobs" is a colossal waste. Cut the capital gains rate to zero and see what happens to the job market. Federal spending to create jobs is lunacy and loons like Grassley are too stupid to realize that their only providing cover for it.

Today - idiot Grassley... tomorrow idiot Iowans if you don't do something about him.

Posted by: TomCA | February 11, 2010 2:52 PM | Report abuse

Obama, most Democrats and all Republicans in Congress have no interest in passing a comprehensive jobs creation program. They will instead pass a series of token, very limited job growth bills to try to create the appearance of trying to help, intended above to help them keep their jobs.

Posted by: Aprogressiveindependent | February 11, 2010 2:37 PM | Report abuse

The hiring credit in the bill is only $1,000 and is not refundable. It will have no significant effect on hiring and is a waste of money.

Posted by: AppDev | February 11, 2010 2:24 PM | Report abuse

Anyone who has actally run a business will tell you that this jobs bill is just another smoke and mirrors attempt at placating the masses, who are becoming angrier every day. It does not address the key problem, folks. There's no demand out there for either goods or services; without demand, why would anyone in his/her right mind increase inventories, buy equipment of hire workers?

Posted by: apberusdisvet | February 11, 2010 2:22 PM | Report abuse


Posted by: bluelagoon21 | February 11, 2010 2:21 PM | Report abuse

Lets face it NOTHING will get done in the US Senate for the benefit of American people (middle class) because the US senate, specially Republicans, are wholly owned by Big corporations (Big pharma, Big insurance, Big Military, etc.), so in effect Republican senators are the true enemy of American people, and they get away with this by how right-wing the US Media is, which means that it too is also owned by the same Big corporations (Big pharma, Big insurance, etc. - more on this last point here.

As the best and ultimate proof that Republicans truly hate the American people (middle class), take Orin Hatch and Lieberman and their views regarding Israel and Universal nationalized health care for Americans. Note: you can replace the name of Orin Hatch with just about any Republican senator and many "moderate" Democrats (aka Republicans) too, specially Lieberman, but for sake of this proof we will use Orin Hatch and Lieberman who have been most against any sort of Universal nationalized health care for Americans.

More here:

Posted by: RealNews1 | February 11, 2010 2:16 PM | Report abuse


Posted by: bluelagoon21 | February 11, 2010 2:08 PM | Report abuse

It'll be interesting to see how Grassley is treated by the grassroots and even House Republicans like Boehner and Cantor now that he's made a deal with the enemy. Are they truly for bipartisan cooperation, or is that demand nothing but an empty talking point? Obama's and the Dems are working hard, not the GOP.

Posted by: parkerfl1 | February 11, 2010 2:02 PM | Report abuse

Give the $283 back to each American (assuming 300 million Americans) and watch what people with business sense and common sense can do with $85 billion.

Posted by: EliPeyton | February 11, 2010 1:45 PM | Report abuse

You know what Americans?

We need term-limits in congress. I am tired of these old outdated men who polarized for the camera...then when cameras turn off...All hell break loose




Posted by: dove369 | February 11, 2010 1:41 PM | Report abuse

If Baucus and Grassley want to get an idea of just how much good their $85B jobs Bill will do in the economy they should both walk outside, go to the biggest snowdrift they can see, and then pee in it.

Posted by: mehrenst1 | February 11, 2010 1:35 PM | Report abuse

"Can someone tell me why a small business man struggling to make a living not just let two workers go, replace them with two unemployed and save the social security payment."

The bill has procedures that prevent this from happening. According to the bill,you can't fire workers and then claim the benefits for replacement hires.

Also, on a practical level, training new workers will usually cost more than the tax break. So, even if the bill didn't prevent this kind of scamming (which it does), most employers wouldn't pull this scam. Good workers are key to a good company and you don't needlessly fire good workers for a small tax break.

Posted by: Renu1 | February 11, 2010 1:31 PM | Report abuse

for full employment the following must be the law of the land...

"made in America"

"this is sue from oklahoma, how can I help you"

"visa labour programs have been shutdown, reports cnn"

"social security verification program used by all place of work in the U.S.A"

this is the start of how to get Americans employed again and working...
if you disagree tell me what you would do...

Posted by: DwightCollins | February 11, 2010 1:26 PM | Report abuse

Judging by the great work Max and Chuck did on the health care reform bill, this one should go right into the nearest round file. Why Baucus was allowed to retain his chairmanship after the last fiasco is an indication of how dysfunctional the entire Congress really is.

Posted by: Chagasman | February 11, 2010 1:12 PM | Report abuse

If I thought that they would generate real jobs I might support it. However, I suspect that this will create only unskilled jobs at best and not many. The government cannot create long-term high-quality jobs only industry can. We need to stimulate growth and new high-tech jobs and the training and education to support them. I have lost faith in those that believe themselves leaders, they are merely educated incompetents with little to no real world experience and no real ideas how to repair what they helped damage.

Posted by: staterighter | February 11, 2010 1:11 PM | Report abuse

If I thought that they would generate real jobs I might support it. However, I suspect that this will create only unskilled jobs at best and not many. The government cannot create long-term high-quality jobs only industry can. We need to stimulate growth and new high-tech jobs and the training and education to support them. I have lost faith in those that believe themselves leaders, they are merely educated incompetents with little to no real world experience and no real ideas how to repair what they helped damage.

Posted by: staterighter | February 11, 2010 1:10 PM | Report abuse

More wasted money on pork and special interests. These idiots never learn.

Posted by: pgr88 | February 11, 2010 1:09 PM | Report abuse

Can someone tell me why a small business man struggling to make a living not just let two workers go, replace them with two unemployed and save the social security payment.

I work with business owners every day and can tell you politicians have no idea what is going on in the business world.

Posted by: tk1123 | February 11, 2010 1:08 PM | Report abuse

Seems like a well-rounded bipartisan bill for businesses, states, cities, taxpayers, and the unemployed.
The government is having to SPEND MONEY to counter Bush's GREAT RECESSION.

Posted by: angie12106 | February 11, 2010 1:07 PM | Report abuse

Anyone with an election this midterm is thinking about jobs and the rest of the Hill oughtta be.

Posted by: glenglish | February 11, 2010 1:05 PM | Report abuse

birvin999 wrote>>>These aren't jobs bills, they're pork bills that grease the hands of contributors like trial attornies and corrupt unions

Why do teabaggers parrot Limbaugh and Hannity rather than thinking for themselves?

Posted by: angie12106 | February 11, 2010 1:04 PM | Report abuse

These aren't jobs bills, they're pork bills that grease the hands of contributors like trial attornies and corrupt unions. How many times to we have to go down this road? The only thing these bills "stimulate" are the hands that go into my wallet. Give it up - no more pork bills.

Posted by: birvin9999 | February 11, 2010 12:47 PM | Report abuse

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