Blame Obama for Botched Stimulus

Though it's possible dissenting members could delay things

(NEWSER) - The payroll tax cut deal is expected to be ratified today, with congressional leaders planning voice votes that would require just a handful of members to be present, the Washington Post reports. Politico notes that the House will be using unanimous consent rules, however, meaning a dissenting member could force a vote next week. Because of the timing, disapproving members will have a hard time making it back to DC in time, but there are at least two who may object and force House members to return next week. More»

Pundits from left and right generally praise address

(NEWSER) - Pundits handed out good grades aplenty for President Obama's new jobs proposal last night, with generally positive feedback from liberals like Paul Krugman—but also from conservatives like David Frum and Andrew Sullivan.

• Krugman writes in the New York Times that he was "favorably surprised by the new Obama jobs plan, which is significantly bolder and better than I expected." Still, "it's not nearly as bold as the plan I’d want in an ideal world. But if it actually became law, it would probably make a significant dent in unemployment." Of course, Krugman holds out little hope that the GOP will let it pass.

But problem may be too big to fix

(NEWSER) - As he announced the appointment of Alan Krueger yesterday, President Obama promised a speech outlining his new jobs agenda next week—but behind the scenes, Obama and company haven’t actually agreed on that agenda yet, the Washington Post reports. The president is considering a number of options, including a tax credit for companies hiring new workers, an infrastructure bank, clean-energy tax cuts, and revamping the unemployment system so that it pays companies to hire out-of-work people. More»

President to trade short-term spending for long-term cuts

(NEWSER) - President Obama's promises to boost jobs and cut the deficit are taking shape, with a new stimulus and tax cuts for companies that hire new workers to be announced in a major address right after Labor Day, reports the Washington Post . The stimulus is said to focus on road building, construction, and the long-term unemployed. The president may also propose mortgage relief for struggling homeowners. More»

President winds up bus tour, says Republicans blocking economic growth

(NEWSER) - President Obama accused Republicans of keeping a politically motivated stranglehold on the US economy as his three-day bus tour of the Midwest wrapped up today, the Los Angeles Times reports. "I need you to send a message to folks in Washington," he told voters at a seed-production facility in Atkinson, Ill. "Stop drawing lines in the sand, stop engaging in rhetoric instead of getting things done. It’s time to put country ahead of party." More»