
I wouldn’t be so sure, Dingy.
(TheDC) — Democratic Senate Majority Leader Harry Reid told The Daily Caller that he guarantees President Barack Obama’s $447 billion jobs plan will lower the nation’s 9.1 percent unemployment rate if it becomes law.
The third ranking Senate Democrat, Chuck Schumer of New York, has joined Reid in backing a 5 percent surtax on millionaires to pay for Obama’s jobs plan, which was unveiled during an address to a joint session of Congress last month. Schumer called the proposal “bold” and one of Obama’s “finest moments.”
The White House predicted that the $821 billion stimulus package — signed into law by the president in 2009 — would prevent the nation’s unemployment rate from rising above 8 percent. According to the Bureau of Labor Statistics, the nation added jobs this September, but the unemployment rate remains at 9.1 percent.
