markellison asks: Yo! Steve Case in da HOUSE!
» SFB says: Yep, the former AOL CEO was there. Here’s his statement on what he saw there.
We should have no more regulation than the health, safety, and security of the American people require. Every rule should meet that common sense test. … But what we can’t do – what I won’t do – is let this economic crisis be used as an excuse to wipe out the basic protections that Americans have counted on for decades.Obama gives a little, takes a little on government regulations. (more here)
Now ABC News is reporting details on the terror threat … during Obama’s speech. Thanks Terry Moran. (src @ProducerMatthew)
We now live in a world where technology has made it possible for companies to take their business anywhere. If we want them to start here and stay here and hire here, we have to be able to out-build, out-educate, and out-innovate every other country on Earth.We’re not doing a great job of that so far. (more here)
Some details on the President’s proposed tax credits:
- $9,600 - tax credit for hiring an unemployed veteran with service-connected disabilities
- $5,600 - tax credit for hiring an unemployed veteran
- $4,000 - tax credit for hiring a long-term unemployed individual
The agreement we passed in July will cut government spending by about $1 trillion over the next ten years. It also charges this Congress to come up with an additional $1.5 trillion in savings by Christmas. Tonight, I’m asking you to increase that amount so that it covers the full cost of the American Jobs Act. And a week from Monday, I’ll be releasing a more ambitious deficit plan – a plan that will not only cover the cost of this jobs bill, but stabilize our debt in the long run.
Democrats and Republicans in this Chamber have supported unemployment insurance plenty of times in the past. At this time of prolonged hardship, you should pass it again – right away.Agreed. Will that happen, though? (more here)