Home The Latest Obama's jobs bill faces first hurdle with Senate vote

Obama's jobs bill faces first hurdle with Senate vote

| Print |  Email
The Latest
Tuesday, October 11, 2011

President Obama’s jobs bill meets its first big test on Tuesday as the Senate moves toward a vote on whether to take up the legislation, the centerpiece of Obama’s efforts to revive the economy.

If that effort fails to achieve the necessary 60 votes, as many Republicans and some Democrats predict, Senate Democrats may try to break up the bill into more palatable pieces and press for votes on the individual parts. That is what Mr. Obama said was his preference in what sounded like almost an outright acknowledgement that Congress would reject his jobs proposal. “If they don’t pass the whole package, we’re going to break it up into different parts,” Mr. Obama said Tuesday during a jobs-related meeting in Pittsburgh, echoing White House officials who have said that they would seek to push those parts of the bill with the most chance of passage.

Alternatively, if the bill does not pass, Senate Democrats might join a handful of Republicans in searching for areas where the two parties might agree — a formidable challenge in a chamber where comity seems to worsen by the week.

In speeches around the country, Mr. Obama has assailed Republicans for blocking his jobs bill. While Mr. Obama can count on the support of a majority of Senate Democrats, a few moderate-to-conservative Democrats, including some who have to face re-election next year in states the president lost in 2008, have said they were leaning against the bill or refused to say how they would vote.

Read more from The New York Times.

 

More Articles

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS