MILWAUKEE — A combative President Barack Obama has rolled out a long-term jobs program before a cheering Labor Day crowd and coupled it with a campaign-season assault on Republicans for causing Americans' hard economic times.

The program will exceed $50 billion to rebuild roads, railways and runways. But it's fate in Congress is in doubt.

GOP leaders instantly assailed Obama's proposal. And Democrats will likely be reluctant to approve additional spending and higher federal deficits just weeks before elections that will determine control of Congress.

Obama said Republican policies have led to record federal deficits and caused "the worst economic crisis since the Great Depression."

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below.

MILWAUKEE (AP) – A combative President Barack Obama rolled out a long-term jobs program Monday that will exceed $50 billion to rebuild roads, railways and runways, and coupled it with a blunt campaign-season assault on Republicans for causing Americans' hard economic times.

GOP leaders instantly assailed Obama's proposal, and many Democrats will likely be reluctant to approve additional spending and higher federal deficits just weeks before elections that will determine control of Congress.

That left the plan with low odds of becoming law this year. Jim Manley, spokesman for Senate Majority Leader Harry Reid of Nevada, cautioned, "If we are going to get anything done, Republican cooperation, which has been all but non-existent recently, will be necessary."

Administration officials said that even if the program somehow won quick congressional approval, it would not produce jobs until sometime next year. That means the proposal's only pre-election impact may whether voters interpret it as a serious effort by the White House to boost the economy and create jobs.

CONTINUED

Obama Blasts GOP, Calls For $50 Billion Infrastructure Plan For Roads, Rail, Air Travel

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Dear Friend,

Through the stories of these every day Americans it is clear that we need to take the "For Sale" sign off the Capitol Lawn.

These interviews with Jim Kalbach, a farmer, Dominica Cibilich, an oyster fisherwoman and Chuck Nelson, a coal miner, show how hard-working people often pay a life-changing price when corporate money buys off politicians.

As long as politicians are accountable to these corporations and lobbyists who finance their campaigns, they are never going to be accountable to the people who elect them.

The only way to make Congress accountable to working Americans is to have Fair Elections, where a coal miner's voice can be heard as clearly as the owner of that mine.

It's time to take the "For Sale" sign off the Capitol Lawn. Pass Fair Elections NOW!

Yours,
Robert Greenwald and the Brave New Foundation team

It was no surprise to us that Fox News left its viewers largely in the dark about the fact that its parent company, News Corp., donated an unprecedented $1 million contribution to the Republican Governors Association, a campaign operation that aims to elect Republican governors and defeat Democratic candidates.

We at Media Matters for America decided to do something about it. Hundreds of you stepped forward and agreed to help us fund an ad telling Fox News viewers the truth: that Fox is just a political operation disguising itself as a news network.

Fox News rejected the ad three times. Only after it was confronted by another news outlet did Fox agree to run it.

It will cost approximately $35,000 to air the ad on The O'Reilly Factor next week. Will you put us over the top?

Fox is posing as a news operation -- even as it actively engages in political campaigning through lies, distortions, activism by its hosts, and now a huge direct contribution from its parent company to a Republican campaign arm. You now have a chance to add a rare 30 seconds of truth.

Eric Burns
President,
Media Matters for America

As See It: Class Warfare The Only Resort To Right Wing Doom  is an essential read. Going forward it is imperative that when we go into the voting booth that we are educated voters.

America is currently at a tipping point. There is an ideological battle between the Left Progressive Liberals and the Right Wing Conservatives.

This book illustrates the massive defects in the Right's policies that have led us to the brink of a precipitous fall over a cliff. The book provides the real narrative that should be the balance between the corporation, the government, and the individual citizen. It dispels the notion of the corporation being inherently more benevolent than the government.

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While I give the president kudos for calling out the Republicans on passing the tax cuts for small businesses I think he is way behind the curve in being interventionist in the economy. The titans of capitalism have failed America and it is now time that we use Keynesian economic principles to stabilize this economy. While most have been indoctrinated into believing that big government is bad the reality is big corporations is what is bad as their is no accountability to the masses.

Our indoctrination is simply exacerbated by those who want to promote small government being so bad at it. I’ve written a  book that I sure hope many read to put some perspective on the level of indoctrination and the results thereof. Please check it out here.

WASHINGTON (AP) -- President Barack Obama exhorted Congress on Monday to make passing a long-languishing small business aid package its first order of business when it returns next month from its summer break.

"I ask Senate Republicans to drop the blockade," Obama said in the Rose Garden after meeting with his economic advisers.

Acknowledging that the economy still remains extremely fragile, the president said he'd also have other specific ideas in the days ahead.

He mentioned extending Bush tax cuts due to expire this year for households making under $250,000 a year, upping the nation's investment in clean energy, rebuilding more roads and highways and tax cuts designed to keep jobs in the U.S.

"My economic team is hard at work identifying additional measures that could make a difference in both promoting growth and hiring in the short term and increasing our economy's competitiveness in the long term," he said.

In a week likely to be dominated by foreign policy, Obama is trying to show he's still minding the economy after his 10-day vacation in Martha's Vineyard.

A string of weak economic reports in recent weeks has fed fears that the economy would fall back into recession, only slightly offset by Monday's government report that consumer spending had increased in July after four down months.

"Every single day, I'm pushing this economy forward, repairing the damage that's been done to the middle class over the past decade and promoting the growth we need to get out people back to work," Obama said in his statement.

Obama said action on the package of small business tax cuts and credit incentives is "one thing we know that we should do" as soon as possible. Republicans have been blocking the bill, calling it misguided.

However, Obama said it was being "held up by a partisan minority that won't even let it get to a vote."

Obama Calls Out Senate Republicans: Pass Small Business Bill

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Nothing is more important to Republican politicians these days than jobs and the deficit—at least according to Republican politicians. As House Minority Leader John Boehner put it in a "major economic address" on Tuesday, President Obama is "doing everything possible to prevent jobs from being created" while refusing to do anything at all "about bringing down the deficits that threaten our economy." Elect Republicans in November, Boehner assured his audience, and we will put an end to this insanity.

There's only one problem with Boehner's message: so far, the things that Republicans have said they want to do won't actually boost employment or reduce deficits. In fact, much the opposite. By combing through a variety of studies and projections from nonpartisan economic sources, we here at Gaggle headquarters have found that if Republicans were in charge from January 2009 onward—and if they were now given carte blanche to enact the proposals they want to—the projected 2010–2020 deficits would be larger than they are under Obama, and fewer people would probably be employed. 

The math is pretty straightforward. Let's start with the deficit. According to the Congressional Budget Office, Obama's stimulus plan is projected to increase budget deficits over the next decade by $814 billion. That's a big number. But Republicans opposed the legislation refused to provide an alternative, and now insist that it's been a total failure. So let's be generous and subtract it from their side of the equation. The Obama deficit: $814 billion. The GOP deficit: $0.

Next up is health-care reform. Obama passed it; Republicans want to repeal it "lock, stock, and barrel." The reason, as Senate Minority Leader Mitch McConnell explained in July, is that "we all know that it's going to increase the deficit." Unfortunately for the GOP, though, nonpartisan experts tend to disagree. Just this Tuesday, for example, the CBO released a letter saying that Obama's health-care-reform legislation would "reduce the projected budget deficit by $30 billion over the next 10 years,” while repealing the law would generate "an increase in deficits ... of $455 billion ... over that [same] period." Factor those figures into the equation and the Obama deficit falls to $784 billion. The GOP deficit, meanwhile, rises to $455 billion. Getting warmer.

The final piece of the puzzle is the Bush tax cuts. Obama wants to extend them for the 95 percent of taxpayers making less than $250,000 a year; Republicans want to extend them for everybody. How will these extensions affect the deficit? Glad you asked. According to data compiled by The Washington Post, "the Democratic proposal would add about $3 trillion to the deficit during the next decade, while the GOP plan would cost $3.7 trillion." That brings the total Obama deficit to $3.784 trillion over 10 years, and its GOP counterpart to—drumroll, please—$4.155 trillion.

CONTINUED

Estimates Say Fewer Jobs, Larger Deficits if Republicans Were in Charge - Newsweek

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