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Tag Archives: jobs bill

Unemployed “Occupy” Mitch McConnell’s Senate Office

They need to Occupy “C” Street where these Rethug scumbags live…Give them no lace to hide.

Jobless Protesters Occupy Mitch McConnell’s Office As Congress Dithers On Jobs

Members of OurDC call senators and DC residents on their cell phones to ask for support on the 'Rebuild America Act' as they stage a sit-in at Mitch McConnell's office.

Protesters Sit in Waiting Room

Roughly 30 jobless protesters from D.C. neighborhoods occupied Senate Minority Leader Mitch McConnell’s office in the Russell Senate Office Building Thursday, saying they wanted to talk to him about jobs.

But McConnell was busy at the Capitol Building, where he led Republicans in blocking a $60 billion infrastructure bill. The protesters said they supported the measure.

McConnell’s legislative director offered to sit down with the group, but they declined, saying they’d rather wait for the senator himself. So they sat in his office, taking up every chair and lots of floor space while McConnell’s staff went about its business. A Capitol Police officer scoped the situation and said her heart went out to them for losing their jobs.

The protesters, most of whom said they lived in the poorest part of Southeast D.C., had no affiliation with the Occupy Wall Street movement. They’d been organized by a community group called OurDC, which has been hectoring Congress about jobs since it launched with SEIU seed money earlier this year. The protesters remained in the office as of Thursday afternoon as of 3 p.m. and said they wouldn’t leave before meeting the senator.

“Hopefully we can all get together with the senator today before time is up,” said Ted Black, a 58-year-old resident of Southeast D.C. Black said he is a Vietnam-era veteran and that he lost his job as a radiologist tech three months ago. He supports President Obama’s jobs package, he said, including the blocked infrastructure bill.

“I’m here supporting the cause for veterans and also for teachers and children and schools and residents who are unemployed or underemployed or homeless,” Black said.

McConnell’s office declined to comment on the protesters.

 

 

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President Obama – Fighting Words!

“I think it’s fair to say that I have gone out of my way in every instance — sometimes at my own political peril and to the frustration of Democrats — to work with Republicans to find common ground to move this country forward. Each time, what we’ve seen in games-playing, a preference to try to score political points rather than actually get something done.” – President Obama

 

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Unemployment Rate Drops (a little) – The Cause?

President Obama Signs the Small Business Jobs Bill in September

 

Big news this week that the Nation’s Unemployment rate dropped to it’s lowest level in 2 years.

Among the nuggets:

The ADP National Employment Report, which showed an increase of 297,000 private-sector jobs in December, with the bulk of them in small and midsize companies.

That couldn’t possibly have anything to do with this? Passed BTW over Republicans stalwart resistance and fillibustering!

President Obama Signs Small Business Jobs Act – Learn What’s In It

  • A New $30 Billion Small Business Lending Fund:The bill would establish a new $30 billion Small Business Lending Fund which – by providing capital to small banks with incentives to increase small business lending – could support several multiples of that amount in new credit.
  • An Initiative to Strengthen Innovative State Small Business Programs – Supporting Over $15 Billion in Lending:The bill will support at least $15 billion in small business lending through a new State Small Business Credit Initiative, strengthening state small business programs that leverage private-sector lenders to extend additional credit – many of which have been forced to cut back due to budget cuts.
  • Eight New Small Business Tax Cuts – Effective Today, Providing Immediate Incentives to Invest: The President had already signed into law eight small business tax cuts, and on Monday, he is signing into law another eight new tax cuts that go into effect immediately.
    • Zero Taxes on Capital Gains from Key Small Business Investments:Under the Recovery Act, 75 percent of capital gains on key small business investments this year were excluded from taxes. The Small Business Jobs Act temporarily puts in place for the rest of 2010 a provision called for by the President – elimination of all capital gains taxes on these investments if held for five years. Over one million small businesses are eligible to receive investments this year that, if held for five years or longer, could be completely excluded from any capital gains taxation.
    • Extension and Expansion of Small Businesses’ Ability to Immediately Expense Capital Investments: The bill increases for 2010 and 2011 the amount of investments that businesses would be eligible toimmediately write off to $500,000, while raising the level of investments at which the write-off phases out to $2 million. Prior to the passage of the bill, the expensing limit would have been $250,000 this year, and only $25,000 next year.  This provision means that 4.5 million small businesses and individuals will be able to make new business investments today and know that they will earn a larger break on their taxes for this year.
    • Extension of 50% Bonus Depreciation:The bill extends – as the President proposed in his budget – a Recovery Act provision for 50 percent “bonus depreciation” through 2010, providing 2 million businesses, large and small, with the ability to make new investmentstoday and know they can receive a tax cut for this year by accelerating the rate at which they deduct capital expenditures.
    • A New Deduction of Health Insurance Costs for Self-Employed:The bill allows 2 million self-employed to know that on their taxes for this year, they can get a deduction for the cost of health insurance for themselves and their family members in calculating their self-employment taxes. This provision is estimated to provide over $1.9 billion in tax cuts for these entrepreneurs.
    • Tax Relief and Simplification for Cell Phone Deductions:The bill changes rules so that the use of cell phones can be deducted without burdensome extra documentation – making it easier for virtually every small business in America to receive deductions that they are entitled to,beginning on their taxes for this year.
    • An Increase in the Deduction for Entrepreneurs’ Start-Up Expenses:The bill temporarily increases the amount of start-up expenditures entrepreneurs can deductfrom their taxesfor this year from $5,000 to $10,000 (with a phase-out threshold of $60,000 in expenditures), offering an immediate incentive for someone with a new business idea to invest in starting up a new small business today.
    • A Five-Year Carryback Of General Business Credits:The bill would allow certain small businesses to “carry back” their general business credits to offset five years of taxes – providing them with a break on their taxes for this year – while also allowing these credits to offset the Alternative Minimum Tax, reducing taxes for these small businesses.
    • Limitations on Penalties for Errors in Tax Reporting That Disproportionately Affect Small Business:The bill would change, beginning this year, the penalty for failing to report certain tax transactions from a fixed dollar amount – which was criticized for imposing a disproportionately large penalty on small businesses in certain circumstances – to a percentage of the tax benefits from the transaction.

 
 

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President Obama Fights Back

At freaking last!

President Obama, after accomplishing his entire legislative agenda for the first two years, is now turning his full attention to the Rethugs, and how they are screwing the country.

Take ’em to the woodshed, Prez!

 
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Posted by on July 17, 2010 in Stupid Republican Tricks

 

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Jobless Betrayal

Talking about screwing over your electorate. 16 Rethugly Senators, whose states are struggling with Double Digit unemployment…

Voted against an extension of jobless benefits.

Not coincidentally, these are the same guys who oppose Health Care Reform.

I think there should be a national campaign to buy up every billboard in their states – to remind their constituents what these guys stand for next election. Something like this –

16 Senators From States With Double-Digit Jobless Rates Vote Against Extending Unemployment Benefits

Today, the Senate passed a bill extending jobless benefits for the rest of the year by a 62-36 vote. Extending unemployment benefits following a recession like one the country just experienced should be a no-brainer, but as Sen. Jim Bunning (R-KY) and his supporters displayed last month, such a step is by no means a slam-dunk. Read the rest of this entry »

 
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Posted by on March 13, 2010 in Stupid Republican Tricks

 

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Kentucky Rethugly Screws His Own State to Spite Democrats

Senator Bunning of Kentucky single highhandedly blocked jobs legislation in the Senate which would have extended jobless benefits to tens of thousands of his constituents.

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Posted by on February 28, 2010 in Stupid Republican Tricks

 

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