Page 165 - Jobs Program News Today

Spending and taxing. spending and taxing. its not a jobs program. we need to make it easier to do business in america and certainly in the state of arizona. and its those people that create the jobs that he wants to tax to death. so, im hoping that come from november next were we have a change of residence not change of residence but person living in the great residence. >> greta: i take it you are following 2012. when do you intend to endorse? >> im going to wait maybe for mother month. we have...

so the opportunity zones will allow cities like detroit to qualify for additional exemptions relative to the first nine. right now in the first nine you can deduct purchases if youre a business. you can deduct capital expenditures and net exports. but for those cities that qualify as opportunity zones, you will also be able to deduct a certain amount of your payroll expenses. so you will be insented to put people to work. the other thing about the opportunity zone, is that it just does...

If that day came, what would happen in terms of our macro economy to the unemployment rate if this went into effect? >> well, if you had a really large jobs program, chris, something that was on a scale and in proportion to the extent of the crisis we actually have right now, we could get people employed. you know, 25 million americans right now who are looking for full-time work. this is unprecedented since the great depression. and in order to pay for it we really do need to tap the only peopl...

Economy to the unemployment rate if this went into effect? >> well, if you had a really large jobs program, chris, something that was on a scale and in proportion to the extent of the crisis we actually have right now, we could get people employed. you know, 25 million americans right now who are looking for full-time work. this is unprecedented since the great depression. and in order to pay for it we really do need to tax the only people who have any money. the top 1% of americans are now taki...

and this is "state of the union." four months ago one prominent beltway blog said of newt gingrichs troubled presidential run -- he looks a lot like the bruce willis character in the "sixth sense," everyone but him thinks hes dead. but at last weeks washington post/bloomberg debate gingrich remained very much alive and kicking. >> all of the spending cuts that are built in the debt ceiling bill, all of them are acts of congress. they can all be repealed at any moment. it is nonsense ...

but whats going to prevent terrorists from buying and using them? im wolf blitzer. youre in "the situation room." -- captions by vitac -- www.vitac.com he entered the race at the top of the polls, but rick perry has been watching his numbers slide and slide. his momentum rather slow. now, with a closely watched speech, the texas governor is trying to reverse his declining campaign fortunes. jim acosta is joining us now. he delivered what his campaign described as a major speech today...

the long-term care program to be implemented in a way that would make it financially stable. congressional republicans say good riddens. they wanted to repeal that program any way. shifting to major new developments in the occupy wall street protest and rage in cities across the country today. protesters vented anger and frustration and police responded in riot gear. 24 people arrested in denver. in new york city, police detained 14 people for blocking traffic overturning trash bins ...

>> sources on the hill are telling us, even democrats are saying, behind closed doors, that the strategy now, the best hope of winning in 2012, is class warfare. so theyre going to try to pass this millionaires tax separately, on its own, as many times as they can. >> thats whats happening, at play right now. okay? this is all about 2012, its about getting obama re-elected. this is their approach, the way theyll think theyll be the most successful in doing it. >> its going to backfire. >> it is ...

Telling us, even democrats are saying, behind closed doors, that the strategy now, the best hope of winning in 2012, is class warfare. so theyre going to try to pass this millionaires tax separately, on its own, as many times as they can. >> thats whats happening, at play right now. okay? this is all about 2012, its about getting obama re-elected. this is their approach, the way theyll think theyll be the most successful in doing it. >> its going to backfire. >> it is back firing. >> if you look...

>> absolutely. >> president obama has this jobs program. its infrastructure investment, middle class tax cuts, all these hiring incentives. and hes got republicans 100% uniformly against him on all this. but he cannot get democrats uniformly behind him on this. he cannot get it from the democrats. is that just the the nature of democrats at this point? or is there anything to get them in line on this? >> i would agree with you that is one of the big problems in this country. is we understand tha...