Recent Streetsblog USA posts about Barack Obama

Will New Infrastructure Funding Survive the Demise of Obama’s Jobs Bill?

By Tanya Snyder | Oct 13, 2011 | 2 Comments

Tuesday night, the Senate blocked a vote on the president’s jobs plan. As had been forecast, Republicans voted unanimously against the plan, and they weren’t alone: Two Democrats joined them – Sens. Jon Tester of Montana and Ben Nelson of Nebraska. Now it’s on to Plan B, which involves breaking up the bill into pieces […]

Republicans Have Their Own Plan to Pay for Infrastructure Jobs: Oil Drilling

By Tanya Snyder | Sep 30, 2011 | 8 Comments

President Obama has proposed a plan to pay for the American Jobs Act, the $447 billion bill to create 1.9 million jobs, including $50 billion for infrastructure. His “pay-for” plan includes limitations on itemized deductions for the wealthy and the elimination of some tax loopholes for oil and gas companies. Republicans have a different idea, […]

Will Obama’s Transportation Jobs Plan Avoid Funding Sprawl?

By Tanya Snyder | Sep 28, 2011 | 6 Comments

USDOT has made public the breakdown of President Obama’s $50 billion plan to create jobs through transportation infrastructure investment. The administration says: “It will put people to work upgrading 150,000 miles of road, laying/maintaining 4,000 miles of train tracks, restoring 150 miles of runways, and putting in place a next-generation air-traffic control system that will […]

In Push For Jobs Bill, Obama Picks the Wrong Bridge to Highlight

By Tanya Snyder | Sep 22, 2011 | 2 Comments

President Obama chose the home turf of two of his principal political opponents to highlight the need for more infrastructure investment in the U.S. Standing beneath the Brent Spence Bridge, which connects Cincinnati (the home city of House Speaker John Boehner) with Kentucky (the home state of Senate Republican Leader Mitch McConnell), Obama made his […]

Obama: “I Will Veto Any Bill” Without Tax Increases on the Wealthy

By Tanya Snyder | Sep 19, 2011 | 8 Comments

In a Rose Garden speech this morning, President Obama soundly rejected Republicans’ push to address the deficit exclusively through spending cuts with no tax increases. He was responding to House Speaker John Boehner, who said last week that tax increases were “off the table.” The outcome of the current deficit-cutting fight could have significant implications […]

Good News and Bad News: Obama’s Plan Would Work, But GOP Won’t Pass It

By Tanya Snyder | Sep 9, 2011 | 6 Comments

This morning brought some useful indicators about the outlook for President Obama’s jobs bill. Good news first: Mark Zandi, chief economist at Moody’s Analytics, says President Obama’s job creation plan will likely add 1.9 million jobs, cut the unemployment rate by a percentage point, and grow the economy by 2 percent. The plan includes $50 billion for infrastructure, […]

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