Friday, March 9, 2012

Recycled Sausage

Remember the small business provisions in President Obama's American Jobs Act that Republicans blocked last year?  This year is an election year, and it's clear that the accusations of the GOP doing absolutely nothing for jobs has hit home.  All of a sudden, House Republicans want to get things done with their small business bill.

The House bill, which passed 390 to 23, would relax certain Securities and Exchange Commission requirements to make it easier for small firms and startups to raise capital and boost hiring. One measure would make it easier for firms to solicit private investors, while another would relax filing requirements associated with initial public offerings.

The JOBS Act gives House Republicans much-needed ammunition, to counter President Barack Obama's re-election strategy of running against a "do-nothing" Congress that paints the party as obstructionist and unwilling to work with him to tackle the country's high unemployment rate.

Eric Cantor, the No. 2 Republican in the House who championed the bill, acknowledged that it was aimed at boosting Congress's poor approval ratings, which are at near record lows.

"What we're trying to do is to regain the confidence of the people that sent us here," Cantor told reporters. "By having a win like this I think we can demonstrate that we really can work together."


Sorry Eric.  One small business bill isn't going to make up for your 9% approval rating.  It just shows that your party controls the House and your party could have passed this stuff much, much earlier but refused to do so for political reasons and to deny the President a win.  Oh, and to try to purposely prevent the economy from getting better too.

Nice try.

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