Quote:The latest jobs bill from Senate Democrats - a plan to punish firms that ship jobs overseas - failed to clear a key procedural hurdle Tuesday after some Democrats complained that the measure would hamper the ability of U.S. companies to compete in foreign markets.
Four Democrats and Sen. Joseph I. Lieberman (I-Conn.) voted with a united Republican caucus to block the bill, which was crafted to address the 9.6 percent unemployment rate in the run-up to November's midterm elections. On a vote of 53 to 45, the measure failed to garner the 60 votes needed to overcome a GOP filibuster.
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From the same article:
Quote:"The best thing Congress can do for Americans right now is lower - not raise - the cost of creating good jobs," said Sen. Lamar Alexander (R-Tenn.). "This bill would raise taxes on the very job creators that we hope will hire out-of-work Americans, which makes no sense, especially in the middle of a recession."
Democrats voting to block the bill were Ben Nelson (Neb.), Jon Tester (Mont.), Mark Warner (Va.) and Max Baucus (Mont.). Baucus, chairman of the tax-writing Senate Finance Committee, complained last week that the measure would put the nation "at a competitive disadvantage."
So let me get this straight, Nelson opposes the bill because the bill will raise taxes on job creators (who create jobs overseas mind you) who they hope will hire out of work Americans. He is right, he makes no sense. The only people in the nation who would be at a disadvantage are those who keep shipping those jobs overseas rather than to out of work Americans.
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