How should Obama's $300 billion jobs plan be paid for?
A giant sign -- reading 'JOBS' -- hangs outside the U.S. Chamber of Commerce building in Washington, D.C.
September 7th, 2011
05:00 PM ET

How should Obama's $300 billion jobs plan be paid for?

FROM CNN's Jack Cafferty:

Here we go again: President Obama wants to spend another $300 billion we don't have.

The president is set to roll out his jobs plan Thursday night in a speech to a joint session of Congress.

But you need a magnifying glass to find where the job creation is hidden.

Early reports suggest the plan will focus on new infrastructure spending. OK, might be some jobs created there. But an extension of unemployment benefits? How does that create jobs? Aid to local governments meant to prevent teacher layoffs? That preserves existing jobs but doesn't create jobs.

There may also be an extension of the payroll tax cut, as well as some tax breaks for businesses.

Bottom line is a lot of this is just more government giveaways.

And once again, it's being advocated with no plan for how to pay for it.

Apparently the cost of the roughly $300 billion will have to be offset by "tax increases in later years." It would all be part of a long-term deficit reduction plan that would include spending and entitlement cuts as well as tax increases.

Translation: More empty rhetoric designed to justify more deficit government spending.

No one is making any tough decisions about cutting spending or raising taxes. The government continues to kick the national debt time bomb down the road, piling on more and more government spending for which there is no money.

Of course it's unlikely that much of the president's plan will make it through Congress. Some Republicans have already dismissed it, saying it's just a continuation of the failed 2009 stimulus plan.

Here’s my question to you: How should the estimated $300 billion cost of President Obama's jobs plan be paid for?

Interested to know which ones made it on air?

Noel in New Mexico:
The same way the Greatest Generation did it in 1945: with higher taxes. In 1945, the national debt was 125% of the GDP. The highest marginal tax rate was 90% and the lowest was 25%, both considerably higher than they are now... But they sent a million or more returning GIs to college, paid off the war debt, and started the interstate highway system and the space program. Unfortunately we are not the Greatest Generation. Not even close.

L. in Annapolis, Maryland:
How about ending the Bush tax cuts? How about taxing corporations that outsource jobs and profits? How about closing all the loopholes and subsidies that benefit the Wall Street fat cats? How about closing a lot of the unnecessary overseas military bases? How about telling Iraq and Afghanistan it's time to "man up"? How about cutting congressional pay to what they're worth?

Vlad from Boston:
There is only so much the government can do. Increasing government spending in a tough time like this in order to create jobs is what must be done. It’s textbook economics.

M. in Fort Lauderdale, Florida:
We seem to be doing just fine with unemployment. No different than paying kids to go to school or Exxon to look for oil. Farmers get paid not to plant or collect on dead crops. Bankers get money for nothing and we get checks for free - or however the song goes. Let the good times roll, I say. Quit complaining, Jack.

Refresh my memory: How many trillions have we spent fighting trumped-up wars in the Middle East? There's your $300 billion several times over!

Tammi on Facebook:
It’s one more pea on the plate for the Super Committee. They haven’t started working on the peas they left on the plate a month ago.

soundoff (271 Responses)
  1. Bizz, Quarryville Pennsylvania

    It should be paid for by tax increases on the highest 2% income in America. They are just sitting on their money while raking more in than ever before. One thing they're not doing with their money is trickling it down like the republicans said they would.

    September 7, 2011 at 2:32 pm |
  2. Rick McDaniel

    It should NOT be funded.

    It is totally wasteful spending that will accomplish little, and be totally temporary in benefits. Within 6 mos. the problems will return, in their entirety, and we will simply be out 300 billion tax dollars.

    Better solutions have to be found, and it really is up to Congress to find them, because in truth, only legislation can solve the problem, of off shore manufacturing, which IS the middle class jobs problem.

    The lower class jobs problem, is actually illegal immigration........and Obama is doing nothing to solve that, whatsoever!

    September 7, 2011 at 2:32 pm |
  3. Tom --Las Vegas

    End all the Wars.End all Foreign aid (including ISRAEL). Increase Taxes on the Mega- RIch. END THE BUSH TAX CUTS.

    September 7, 2011 at 2:37 pm |
  4. Adam

    Just find it! We need to put people to work and we need to upgrade this country's infrastructure. If they can push $1 trillion through the congress in a few days to bail out Wall Wtreet and corporate America they should be able to find the money somewhere, to put people back to work.

    Framingham, MA

    September 7, 2011 at 2:39 pm |
  5. Tom in Desoto, TX

    The same way Republicans pay for needless senseless wars they concoct, borrow it from other countries.

    September 7, 2011 at 2:40 pm |
  6. Dan K

    The 300 billion dollars should come from cutting excessive tax breaks for large corporations and their privately owned jets! These corporate tax breaks are showing NO increase in jobs like the conservitives say they do! Clinton raised taxes on the rich and corporations and created a booming economy and many jobs. Bush did as conservitive pundits now want. Tax breaks for the rich and corporations. His economy was in the TANK and hemoraging jobs when he finished his terms! Go fogure the true picture!!!

    September 7, 2011 at 2:41 pm |
  7. mike halter

    Tax the rich Jack. Thats what most American's want.
    But we all know Obama does not have the stone's to
    do it.
    Mike Largo FL.

    September 7, 2011 at 2:42 pm |
  8. J.D.

    We could start by repealing the Bush tax cuts which should never have been made during a time of war and should most definitely never have been continued by Obama. The place the money should NOT come from is Grandma. With seniors barely hanging on in this lousy economy, they had better not start talking about Social Security and Medicare cuts.

    September 7, 2011 at 2:43 pm |
  9. John from Alabama

    Jack: The Republicans will not cut $300 billion from the budget to help the unemployed get jobs, or the necessary training for new jobs. The House of Representatives where all funding bills begin is to busy playing politics to care about peoiple. Who controls the House? Congress has a 82% disapproval rating. President Obama will recommend ways to pay the $300 billion, but Congress will fiddle while America burns. The Tea Party will not stand for helping people, unless there are 300 billion strings attached to the cuts. President Obama has been leading, but some are just blinded by the man's intelligence.

    September 7, 2011 at 2:45 pm |
  10. Russ in PA

    Such a "jobs plan" is nonsensical: they don't work. The US is already spending how much money on numerous wars, and bail outs, once again proving that Keynesian stimulus plans don't work. The government has exacerbated the problem by trying to prevent debt from being liquidated or paid off. Your only correct answer is to return us to sound money and free market policies; everything else is nonsense.

    Ron Paul in 2012...

    September 7, 2011 at 2:46 pm |
  11. Loren

    Shoulda, woulda, coulda, we, the American people, get no say in the matter. President Obama will defer to Congress for the details and it will get wrapped up in committee and the end result will be smoke and mirrors. This President and Congress have ceded their responsibility for the collective mess we're in and are only concerned with what they can collect for themselves and their cronies. Maybe it's time I started working for the Tea Party.

    September 7, 2011 at 2:51 pm |
  12. Jk from Minnesota

    By closing up the corporate welfare loop holes in the tax code and allow the Bush tax cut to expire sooner than the end of 2012! .... One can dream, Jack!

    September 7, 2011 at 2:55 pm |
  13. Ed from Edmonton Alberta

    Just print some more money and in the end you can stiff China on the debt anyway.

    September 7, 2011 at 2:56 pm |
  14. Steve, NY

    I think it should be paid by the unions, they seem to have all the answers with their chief at the wheel. Just increase the dues.

    September 7, 2011 at 2:57 pm |
  15. Richard Oak Harbor, Wa

    The Predient's jobs plan can be paid for with Defense Department budget reductions spotlighting education, retraining and jobs for Veterans, and from a new fund from larger corporations who have once employed and then unemployed thousands of their workers in favor of cheap offshore labor costs.

    September 7, 2011 at 3:00 pm |
  16. david

    take it from the wall st. speculators who got a pass on financial reform and are sitting on money while making u.s. more desperate

    September 7, 2011 at 3:01 pm |
  17. Karl in Flint

    The Republicans have the answer to that: It isn't going to happen. Being this close to fulfilling their plan of running Obama out of the White House at any cost, they don't even have to fake sympathy for the middle class American worker who by now is just sitting there and whining about it and doing nothing to change anything. See Jack, smoke and mirrors does work.

    September 7, 2011 at 3:01 pm |
  18. Harvey Gold-Brandon, MS

    Jack, it's really quite simple. We could pay down the debt in the same manner; a one-penny-per-dollar "transaction" tax on all goods and services. We already don't collect income tax or payroll tax from criminals, illegal aliens, prisoners, and most wealthy people(was that redundant?), but everyone has to buy stuff. No exemptions, no exceptions. Stock brokers, CPAs, lawyers, retail sales, everything would be taxed one little penny per dollar. Whether you're a billionaire or on welfare, it beats the government being broke with no means to pay welfare or anything else; and it'll come much closer to having everyone in the country participate at least some to pay for our problems. It should be set aside in an irrevocable trust (not like Soc. Security that routinely has been robbed). After the 300 billion is repaid it can go exclusively toward paying off the deficit.
    Piece-o-cake, problem solved.

    September 7, 2011 at 3:04 pm |
  19. Ed from California

    Easy, peasy Jack. Tax heavily (tariff, import tax) all the corporations that sell communist Chinese made products here, and also tax heavily all the corporations that have moved their manufacturing companies that were here, and are now, either off-shore or in Mexico. At a rate that's three times(treble damages) that Pres. Obama needs to help displaced legal Americans get work. Who through no fault of their own have lost their jobs just so our "patriotic" rich can get richer. This greed has gone on for far to long......thank you Ronald Reagan (trickle down, de-regulation). Be American, Buy American.

    September 7, 2011 at 3:04 pm |
  20. Ed from Texas

    From future revenues after recovery. Right now we're caught in a downward deflationary spiral of austerity and If we don't get the economy turned around, it's game over anyway.

    September 7, 2011 at 3:04 pm |
  21. Larry from Georgetown, Tx

    Simple Jack, bring all of our military troops home from these "WARS", close all overseas military bases, stop air shows and don't send a dime to these other countries. And raise taxes on Eric Cantor and his wealthy friends.

    September 7, 2011 at 3:06 pm |
  22. Sue Texas Hill Country

    The military....private contractors and wasted spending.

    September 7, 2011 at 3:07 pm |
  23. Joe Ft Walton Bch Fl

    Give each one of us $1000 each and he wont hear from us for a little while.

    September 7, 2011 at 3:08 pm |
  24. Noel Sivertson Roswell New Mexico.

    The same way the Greatest Generation did it in 1945; with higher taxes.

    In 1945 the national debt was 125% of the GDP. The highest magrinal tax rate was 90% and the lowest was 25%, both considerably hgiher than they are now and they stayed that way for two decades.

    But they sent a million or more returning GIs to college, paid off the war debt, and started the interstate hgihway system and the space program.

    Unfortunately we are not the Greatest Generation. Not even close. History will probably label us the Greediest Generation.

    September 7, 2011 at 3:08 pm |
  25. David of Alexandria VA

    I think we should send the bill to the Chinese. After all, their economy will benefit at least as much from our stimulous program as will ours. We could run the credits through Walmart.

    September 7, 2011 at 3:08 pm |
  26. skip h california

    hey jack maybe we could have 5 year olds teach the afgan police force how to do jumping jacks. i am sure they would work for candy and save us what 9 million a year there abouts. i know it's not much in our govs point of view but we could fund some school somewhere in our country.

    September 7, 2011 at 3:09 pm |
  27. pat in michigan

    I have an Idea.Pay for it out of the congresses salary first .Second take all the pac money and confiscate it and apply it to this program.third take all the money earmarked for retired politicians pensions and health care and apply that.That should about cover it. and make damn sure it hurts politicians first!

    September 7, 2011 at 3:09 pm |
  28. Minesh Baxi

    Jack, we do not need any more money to be wasted on government giveaways! Republicans have a plan that will cost ZERO! Just eliminate ten regulations that are hurting businesses by starting to drill for oil aggressively in the gulf. The lower cost of energy will spur employment- Minesh Baxi

    September 7, 2011 at 3:11 pm |
  29. Mike from Texas

    Jack part will come from the money saved by pulling out of Iraq, if he makes the same decision with Afganistan there is the rest and more. Pushing for a new tax code will recover more, and putting people back to work on infrastructure jobs involved more than just construction workers all of which will be paying taxes again and not drawing unemployment. Ending the wars is the one thing the President can do without a Congressional year long debate!

    September 7, 2011 at 3:12 pm |
  30. Pete in Milton, FL

    How to pay for the jobs plan? Start by firing Obama, Biden, everyone in Congress, and all the staffs.

    September 7, 2011 at 3:13 pm |
  31. Doug

    Easy. Military bases overseas should be eliminated now. Means testing for social security should be implemented now. Every single Federal Department should have their budgets cut in half now. The Military budget should be cut in half now. Make lobbying and insurance companies illegal, and stop all Medical lawsuits. Then start rebuilding the countries infrastructure with a de-emphases on the big City Model. Next question. Doug. Pepperell. MA.

    September 7, 2011 at 3:18 pm |
  32. BILL, WI

    Clueless. Clueless. Clueless. I hate to say it but if someone has been on unemployment for over two years, it is time to make a big change in your plans for the future. Get a job and do not wait for the perfect job.

    September 7, 2011 at 3:18 pm |
  33. Valtom

    1. Eliminate the 100,000 federal workers added under Obama, that would save $8 billion.
    2. Eliminate the 33 Czars and their staff.  Savings = $66 million.
    3. Eliminate the Department of Energy, who mission was to get us off foreign oil. Savings = $30 billion.
    4. Eliminate the EPA. Savings = $9 billion.
    5. Cut 10% of the federal workforce.  They would never be missed and the remaining workers might have something to do.  Right now, they sit around looking for ways to 'meddle' with the private sector.  An idle mind the Devils playground! Savings = $10 billion.
    6. Cut foreign aid 50%.  For example, I noted we just gave $300 million to South Sudan to help start the government for this newly formed 'breakaway' country.  Why???  Savings = $50 billion.
    7. Eliminate taxpayer paid vacations for Queen Michelle, party nights at the White House and the use of AF One as a campaign 'bus'.  Savings = $250 million.

    September 7, 2011 at 3:19 pm |
  34. Cliff Glass - Rego Park, New York

    Quick and easy, Jack. Eliminating the Bush tax cuts will restore $690 billion in revenue over 10 years, more than enough to offset 300 billion in infrastructure spending. As for extending unemployment, that money is spent on necessities and it all comes back into the economy. I know you're a jaded New Yorker, but what happened to your sense of fairness ?

    September 7, 2011 at 3:21 pm |

    tampa, fla. the same way he paid for his new wars that congress didn't approve of, out of his petty cash reserve.

    September 7, 2011 at 3:22 pm |
  36. John B

    Use the salaries of senators and congressmen to pay this 300 billlion then keep taking their salaries to pay off the rest of the national debt.

    September 7, 2011 at 3:23 pm |
  37. Harvey Gold-Brandon, MS

    Jack, it doesn't have to be deficit spending. I have a simple 7-step plan that would put jobs back into the economy, and a chicken in every pot. The above post is one of the easiest, least painful problems of all to solve. You collect the money, it goes to a segregated account, then gets appropriated as the expenses are incurred. Our government accounjting problem is that it all gets thrown into one big pot. That's not how budgets work.

    Income tax and payroll taxes do not work. They're obsolete, counter-productive to somebody at the whim of politicians in office and have been used to shape ideologies rahter than pay for legitimate government services. Whether it's corporate welfare to pay BP's rent to TransOcean or ethanol producers, which in turn uses up all the corn and thus drives up prices of everything from cola to filet mignon.

    These economic problems are easy to solve, it's politics that intentionally hard by the politicians wanting to keep their lifetime pensions, lifetime healthcare and to hell with the country. I just can't get anybody to listen or I could run this country's budget like a well-oiled machine without politicians screwing it up
    To paraphrase Ronald Regan, politicians are not the answer to our problems; politicians are our problems.

    September 7, 2011 at 3:23 pm |
  38. Fatso

    Here's a novel idea. How about if we stop initiating or financing wars throughout the world? That way we won't have to pay trillions for future wars that the USA will cause or create.

    September 7, 2011 at 3:26 pm |
  39. RickFromDetroit

    There is a very simple way to pay for it. The business sector is setting on $2 trillion dollars, much of this was Obama stimulus money. The government should impound this money and use it for the infrastructure and unemployment. The remainder should be distributed evenly to all Americans who earn less than the median household income of $50k a year.

    Once this is accomplished then the same should be done to Wall Street. For years the government has given Corporate America and the Business Sector massive tax cuts. These tax cuts include the write of of every dime of expenses, and for many, they have charged taxes years into the future. The problem with all of these Welfare Entitlements that the Business Sector is always receiving is, the money has not gone back into the business as research & development, new plants, plant expansions, and jobs, wages, & benefits, but it has been funneled into extravagant executive pay and corporate profits that feed the leaches on Wall Street. Combine this with the Bush tax cut that allows corporations to write off all expenses for relocating plants in foreign countries and all of the transportation costs involved, and the Business Sector and Wall Street owe the American taxpayers $14 trillion dollars of National Debt & another $100 trillion dollars of unsecured debt.

    Returning this money to the taxpayers would not be a criminal offense, but it would be Restitution !

    September 7, 2011 at 3:27 pm |
  40. Vlad

    Vlad from Boston, Massachusetts.
    There is only so much the government can do. Increasing government spending in a tough time like this in order to create jobs is what must be done. Its textbook economics.

    September 7, 2011 at 3:28 pm |
  41. Ken from Pinon Hills, California

    I don't have a clue, but I do know those who got rich off of our governments 14 trillion dollar borrowing and spending spree don't care. They care less how it is paid for as long as the lions share of the 300 billion get to their pockets like the previous trillions.

    September 7, 2011 at 3:30 pm |
  42. Adem, Oakland

    .....The president has already gave out all the money had to create jobs: tax cuts and bailouts. Now, the only choice he has is TO BRING ALL THE TROOPS HOME, and focus on the domestic issues. In other words, ending the war will do it.

    September 7, 2011 at 3:30 pm |
  43. Egland G

    Jack; President Obama clearly stated the 300B jobs creation will be offset by spending cuts. The memory of some seem so short lived, the republicans ran the economy in the ground with their corporate welfare, the working class is paying for the culture of the rich. The solution to washington is run the elitist republican out of Washington. President Obama have done more to protect jobs and create jobs than the republicans combined.

    September 7, 2011 at 3:30 pm |
  44. Fatso

    Refresh my memory. How many trillions have we spent fighting trumped-up wars in the middle east? There's your 300 billion several times over!

    September 7, 2011 at 3:30 pm |
  45. Steve

    Easy, take $300 billion from the massive, secret "Homeland Security Administration" that is growing larger than anything but still didn't find the underwear or Times Square bombers ( private citizens did) that "Frontline" had a special about last night.

    September 7, 2011 at 3:33 pm |
  46. Mitoosense Fort Lauderdale, Florida

    We seem to be doing just fine with unemployment. No different than paying kids to go to school or Exxxon to look for OIL. Farmers get paid not plant or collect on dead crops.Banker's get money for nothin and we get checks for free Or however the song goes. Let the Good Times Roll I say.. Quit complainig Jack

    September 7, 2011 at 3:35 pm |
  47. Dan in Aluququerque

    How about letting the Bush tax cuts expire? How about cutting out tax loopholes for corporations? How about the many economists who say the only way to create jobs is to spend money to develop talents so the unemployed will be hired?
    Use the Americorps program to develop those talents. Don't eliminate funding for FEMA, the Highway Bill, and don't picture the Affordable Health Care Bill as not creating any private jobs. Voices For Children in New Mexico projects 38,000-47,000 private sector jobs tht will cover the cost of adding uninsured to the rolls. Most of all, instead of cutting down everything Obama tries to do, try working with him to help Americs. Of course, that's too much to ask.

    September 7, 2011 at 3:38 pm |
  48. ken, atlantic city, nj

    It should be paid for by the people who stole the jobs; wall street, bankers, and greedy corporations. Eliminate all tax deductions for large corporations that outsource jobs, wall street investment firms, and banks until unemployment is 4%. To pay off our 14 trillion dollar federal debt just impose a 1% tax on the 700 trillion dollar deriatives market for 2 years.

    September 7, 2011 at 3:41 pm |
  49. lilmagothy, annapolis

    How about ending the Bush tax cuts? How about taxing corporations that outsource jobs and profits? How about closing all the loopholes and subsidies that benefit the wall street fat cats and the corporate moneygrubbers? How about closing a lot of the unneccesary overseas military bases? How about telling Iraq and Afghanistan it's time to "man up" and start dealing with their own problems on their own? How about cutting congressional pay to what they're worth?

    September 7, 2011 at 3:42 pm |
  50. Bill in New Mexico

    At 14 trillion in debt, America is a sitting duck for any unforeseen economical problem to cause a disaster.

    The "jobs bill expenditure" should not cause additional debt.

    Half of the expenditures should come out of the military budget.

    Half of the expenditures should come out of entitlements.

    I guarantee that paying any debt off later is going cause far more problems than making the sacrifices now.

    September 7, 2011 at 3:43 pm |
  51. Joe

    Easy Jack, eliminate private contractors in Iraq and Afghanistan, and get out of "Tombstone." Meaning we've had enough of foreign wars and policing the world, use our troops at home. Stop trying to control the world.
    Joe, Binghamton, NY

    September 7, 2011 at 3:45 pm |
  52. Bert in CA

    Hi Jack. Trickle down never work! Thirty years of global corporate tax cuts and no jobs! The answer is in our Constitution, Article 1, Section 8, “tax” and “regulate!” We should stop the global corporate feast upon our middle class and make the global corporations pay, of course we should. Our prosperity in whose Pockets? Whose Pockets? Shareholders Worldwide; that’s who!

    September 7, 2011 at 3:46 pm |
  53. Annie, Atlanta

    Make the elusive "job creators" pay for it – The corporations who pay no taxes – The wealthy who have enjoyed an extra trillion dollars thanks to George Bush and his stupid tax cuts. Go after the banksters, put them in prison and seize their assets. And for the icing, stop the wars. The war profiteers have made enough money on the blood of our kids. Any further questions?

    September 7, 2011 at 3:47 pm |
  54. Peter

    The U.S. is down to the bare bones. The only way out is a national sales tax of about 5%. Exemptions would include food, medical, and education expenses. All else is fair game.
    Peter Langle B.C. Canada

    September 7, 2011 at 3:48 pm |
  55. AB

    President Obama's job plan will be paid for with $300 billion dollars in tax cuts–cutting bloated/boondoggled programs that are truely unnecessary–Take a look at the Pentagon budget-They get more money than they ask for. They then waste the money on dubious weapon systems and other questionable items that add notting to our security. Take another look at some tax concessions for the wealthy and the sports industry–this largess should be sharply reduced and the wealthy should pay their fair share of taxes. The sports industry should do likewise. I just cited some examples of waste that should be cut. There are others. Another one is reducing the perks that Congressional members get. Most Americans, including myself, get no perks!! These cuts and reductions would more than pay for Obama's job plan.

    September 7, 2011 at 3:49 pm |
  56. Rob in NC

    How do we pay for it? How about we garnish his wages, the wages of Congress, and the lobby money they collect to do what is best for corporate America year after year. The average American hasn't had a raise/job since they took office, so I think it's time they started to pay their own way. What are the odds of that? Rob in NC

    September 7, 2011 at 3:50 pm |
  57. Carolyn , LA

    "Be paid for"? What a charming concept. When have we ever paid any more than the interest charges on anything in this country? And now that congress is switching over from "The Never Never Installment Plan" way of doing business to "The Pass Nothing the Obama Bunch Proposes Plan" we don't even have to worry about that. Say what you like about dysfunctional government, at least they're not adding principal to our financial burden.

    September 7, 2011 at 3:52 pm |
  58. Fred In LA

    It should be funded by George Soros, Warren Buffet and all the other extremely rich fat cat libs that say we aren't taxed enough already. This is nothing more than more hot air to inflate his re-election campaign. Have you had enough yet?

    September 7, 2011 at 3:53 pm |
  59. Alex in Bremerton, WA

    Trying to get ANY spending past Speaker "Hell no you can't!" will be difficult. At least spending on infrastructure will be spent HERE rebuilding roads and bridges instead of in Iraq or Afghanistan. Just ask the family members of the 13 Americans who died in the bridge collapse in Minnesota if bridge maintenance is important.

    September 7, 2011 at 3:54 pm |
  60. marc ryno

    It will be paid for just the same as everything else, it will be punted down the field for someone else to solve. At some point the government will need to step up and fix the problems and stop creating them. Oh wait, that sounds like something a tea partier would say...

    September 7, 2011 at 3:54 pm |
  61. John, Fort Collins, CO

    It should be paid for using the additional tax dollars that could have been collected had President Obama immediately focused on job creation when he first took office. Since this didn't happen we will all get to pick up the tab courtesy of inflation. It is a shame the high point of the Obama presidency was his inauguration.

    September 7, 2011 at 3:55 pm |
  62. virginia - Atlanta, GA

    I think it would have been cheaper and more productive the first time around, if every US citizen had just been given $1,000,000.00. Let them keep it for 5 – 10 years, during which time, there must be a price freeze and no doubt other provisions so we don't have chaos. After the time is up, it can be decided whether or not it should be partially repaid, or if the taxes and productivity that this created, makes sufficient positive income for the Government to make up for the initial investment.. (Some talented folks could thus concentrate on more than getting bread on the table,and might be enough to make up for the initial cost though their inventiveness.)

    September 7, 2011 at 3:55 pm |
  63. Joe R - Houston, TX

    The easiest, most logical way to pay for Obama's "jobs plan" would be to "SAVE" 300 billion from projected income and give the Democrats something tangible to brag about. In other words, reject the whole stupid idea.

    September 7, 2011 at 3:55 pm |
  64. Dave, Orlando, FL

    Easy. Get it from the corporations like big oil, GE etc. and the wealthy, all of whom have been getting a free ride in the wagon that the rest of us have to pull. Now don’t hold your breath on that one. Obama is more of a Republican than most Republicans, and he's not on our side.

    September 7, 2011 at 3:57 pm |
  65. Ron WPAFB

    Until tax loopholes are corrected and the top 1 % of earners and Corporations pay their share of the American Dream there should be nothing done! Why keep pouring cash into a Black Hole! Bring the troops home for Iraq and charge Iraq for that colossal mess! Campaign Finance REFORM! Stop all foreign aide! Why do we send Aide to countries that are stealing pour jobs by beating their own people to work for pennies? Stop all Congressional Pay Raises until the debt is paid!!!! I'm deadly serious about that one!

    Now, to pay for Jobs programs, well with a Trillion Dollars just setting in Wall Streets Top Corporations and Trickle Down isn't working, Corporate America should pay for it!!!!!!!!! And I'm serious about that, Jack. Corporate America is the problem and the Solution. Couple that with voting out the Republicans that have stopped all efforts to create jobs by not passing bills already in the Congress, and it's all done! It is that simple, but I'm not compromised politically or monetarily. Vote the Bum "REPUBLICANS OUT!

    September 7, 2011 at 3:58 pm |
  66. Larry,Springfield,Ohio

    Jack,it shouldn't be paid for,if President Obama really wants to help the country,if he truly loves his country,he should announce that he will not seek reelection,if he did, the economy would take off like a soaring eagle!!!

    September 7, 2011 at 4:00 pm |
  67. Anthony, Syracuse, New York

    Uh, it shouldn't?

    September 7, 2011 at 4:02 pm |
  68. Harris Snipes

    If President Obama offered this Congress $300,000.000 from his personal bank account to pay for a jobs program, This do nothing disrespectful party would not accept it. lets face it Mr. President, you need to go for the big one, because you cannot do anything to please these IDIOTS. Good luck, and I do think you will be re-elected.

    September 7, 2011 at 4:04 pm |
  69. Ed

    Close the Department of Energy for a start. Also the department of Education.

    September 7, 2011 at 4:07 pm |
  70. Anthony J. Frascino from Swedesboro, NJ

    Simple Jack. Raise taxes on the wealthy, get rid of subsidies and tax loopholes for big business and apply a surcharge on those businesses gleefully sending jobs to China for low wage earners. On top of that, penalize China for its unfair trade practices by tariffs. Only problem is the GOP will ridicule these tactics and offer nothing in return. We'll have to watch congress sit on their hands at the expense of the country because they have to keep their eyes on the prize; namely, the presidency.

    September 7, 2011 at 4:07 pm |
  71. Gail, Plano TX.

    How about getting rid of the Bush tax cuts for the very wealthy? That would help pay for an infrastructure plan to restore America by providing jobs, and also make our roads and bridges safer. My hope still lies with the President. He has done all he can to make our lives better. Ungortunstrly, the dastardly Republican congressmen and senators, have destroyed this country. And they are emboldened by corporations and the Superme Court who passed the no limit on money given to candidates. We are diminished as a nation in the eyes of the world, due to the debt ceiling debacle. It is a disgrace!

    September 7, 2011 at 4:14 pm |
  72. Phyllis G. Williams

    How should the estimated $300 billion cost of President Obama's jobs plan be paid for?

    The President cannot 'make blood out of stone', the people who are cry Jobs, Jobs, Jobs, must give you that answer.

    September 7, 2011 at 4:17 pm |
  73. Ann from Charleston SC

    Yes, the plan should be paid for out of the salaries of media people who report ahead of time that it creates too few jobs.

    September 7, 2011 at 4:17 pm |
  74. Terry in Virginia

    A good start would be ending the Bush tax cuts now; cutting the superior benefits and perks our elected representatives in Congress enjoy at our expense; converting the Federal retirement system into the Social Security System so that Congress can stop blaming Social Security for robbing our children when it's actually our representatives who are the thieves; cutting tax breaks to companies like the Ford Motor Company that send jobs overseas; and cutting the income tax rate on the middle class and poor so we have money to spend which will boost sales and create jobs, However, I doubt any of that will be done, but I suspect the rich will get more tax breaks at the expense of the rest of us. Man, I can't wait until Election Day, 2012 to vote all these corrupt clowns out of office.

    September 7, 2011 at 4:21 pm |
  75. Fay in Abilene Tx

    Bring our troops home from all foreign conflicts in which we are presently engaged (and where we've got no business), close many overseas bases( some of them Cold War holdovers, probably) , stop sending the majority of foreign aid-until we take care of our own first. None of this will happen, but I can dream.

    September 7, 2011 at 4:22 pm |
  76. Nina Fox

    It’s a little late to focus on Jobs now. What happened to the GOP platform of creating jobs last year besides nothing! So, lets just print more money again. We have been doing it for 40+ years. Why change now?

    September 7, 2011 at 4:23 pm |
  77. Paul P.

    It should only be paid for through concrete budget cutting so its deficit neutral. But good luck getting that accomplished. With both political parties so dug in, nothing will happen in this country until one side gets control of all three branches of government. Until then, all we will hear is talk and good intentions while the economy tanks.

    September 7, 2011 at 4:27 pm |
  78. whodat1

    $300 billion of vote buying for the unions. He doesn't need it, they're already going to vote for him.

    September 7, 2011 at 4:27 pm |
  79. Thom Richer

    This is a no-brainer. 300billion? There is only one easy, affordable and reasonable way to do this without further harm to the American taxpayers, the nations economy, or at the expense of the American worker. Stop the wars IMMEDIATELY, bring every serviceman and servicewoman home, collect any debts owed us, (if there are any) and eliminate all tax loopholes now. The biggest and best way to do this, however, is merely stopping the wars we are in. The daily WASTE in these illegal wars, just the waste, not the cost, is over $12 million per day. We have been at it for 10 years and we are still duped each day into thinking it is labor fault for the recession by economists and our government. There are rocks more intelligent than we are.

    Thom Richer
    Negaunee, MI

    September 7, 2011 at 4:29 pm |
  80. Kevin in CA

    Here's a couple of suggestions how to pay for it:
    1) Repeal the Bush tax cut for the wealthy.
    2) Charge Iraq and Afghanistan for US provided security.
    3) Eliminate one pet project from each Representative and Senator.
    4) Turn the Defense Department into an old fashion capitalist profit center.
    or do it the simple way and just print the money.

    September 7, 2011 at 4:30 pm |
  81. James

    (Denver) To ask how it should be paid for if it shouldn't be done at all is kinda like asking, "What's the best way to beat your children?" We need to cut spending by ending the wars in Afghanistan, Iraq, Libya, and Pakistan, cutting our military budget at least in half and beginning slowly to ween ourselves off of entitlement programs. Then, audit the Fed and begin to alter monetary policy so we can stop the inflation caused by Fed credit injections, stabilize the dollar and set our fiscal house in order. Until we do these things, the economy will continue to unravel. It isn't going to be easy.

    September 7, 2011 at 4:31 pm |
  82. Jim


    So in other words Obama should just give up and not try to find ways to stimulate job growth. Boy, I'm sure glad you're not the President! Everybody's been screaming at him to do something about jobs but as soon as he puts forth a plan you have to jump in line with the other hateful wing nuts to lob grenades at him. Pay for it with an end to the Bush tax cuts for the top 2%. Pay for it with an end to unneeded oil company tax breaks and other corporate welfare. Some investments are worthwhile, Jack. Sometimes spending really is the right approach. Get over it.

    Reno, Nevada

    September 7, 2011 at 4:31 pm |
  83. Dave


    It should be paid for off the backs of those bloody dogs who picked the pockets of the americans. Stab those dogs where they keep their hearts, in there purses. I spit on them.

    September 7, 2011 at 4:32 pm |
  84. Harlan Hobgood

    Over 1,000,000 public sector – federal, state and local – have been killed by budget cuts in this mad-hatter tea party binge of anti-government ax chopping recklessness. To restore these jobs for people like teachers, firrefighters, cops, road engineers, public health nurses and more it will require big bucks, big government bucks. Obama cannot do that without revenue "enhancement". Even if Congress is blind-ass stubbord he must try to wring some $500 billion out of the bloated tax avoiding accounts of the richest corporations, the shell game milliion and billionaires and get on with it. If all these public servants, from ditch diggers to postal workers are rehired – all 1,000,000 of them plus another 1,000,000 new hires to rebuild America's rotting infrastructure – then all their paychecks will hit in the consumer economy fast and jump start a real reccovery. How you get there from here with a GOP opposition determined to destroy the Obama presidency even at the price of economic ruin for the most of us, I have no frigging idea. Do you Jack?

    September 7, 2011 at 4:33 pm |
  85. Wilhelm von Nord Bach

    very easy, Jack. end the billions of dollars of tax lopholes for corporations, esp "Big Oil", and multimillioairs.

    September 7, 2011 at 4:34 pm |

    Let me see if I have this correct. Money for jobs. Sounds good to me. People not working means unemployment paymentsm\, food stamps or link cards, housing sub. ect. Major bucks and that is just part of it.
    Put these people to workand wala, they pay taxes, they but food on there own, no help, and pay state and federal taxes. They pay for thier own housing, no gov. aid.
    It sounds to me that its a win win for everyone.
    More money comming in from income taxes, More spending means more peopke are hired and small business gets a tax break for hiering more workers and sell more so thier profit goes and they pay more taxes. Less unemployment so less monet going out. This seems to have money coming in to help offset what is now going out
    Why, I think that this just might work
    In any case the US becomes the first country in which Anyone pays taxws to a govn, who inturn gives money to a businesss tohelp pay the people they put to work so business can keep more of thier earnings. Why that is a whole new concept.
    Only in America will some complain about the gov paying me to give work to someone and at the same time keep my own. You have to love it. METALWORKER in IL

    September 7, 2011 at 4:36 pm |
  87. dsanderfoot

    I think that whole $300 billion could be paid for by implementing a tax on every political ad run on TV, radio and in the newspaper between now and the 2012 election. Even if it cuts down on the number of ads normally run it could still be considered a win!

    September 7, 2011 at 4:37 pm |
  88. Mark

    Isn't the answer obvious....hike the cost of a postage stamp by three cents and watch the profits roll in!

    September 7, 2011 at 4:39 pm |
  89. John from California


    Personally if reports are accurate, I think this is a total waste of time and money. Solutions thought of in the great depression have no place in 2011. To rehash early 20th century solutions for a 21st century economy is downright stupid.

    Don't get me wrong, the Republicans plans so far are not exactly rocket science either. They are rehashing 1980's trickle down economics and duping people into thinking it will somehow help them in this new global marketplace. Both sides want to destroy the middle class and make jobs at Walmart and McDonald's to be the "new American jobs". Both sides show me they stand for greed over country, plain and simple.

    September 7, 2011 at 4:40 pm |
  90. phillip johnson

    Hopefully the senate and house will not tolerate any more stimulus spending,we have spent enough,cut the capital gains tax 10% and give corporations credit for every new hire,let the ones that have been getting un-employment
    checks for 2 or 3 years look for a job seriously wherever they can get one,we can't pay people checks forever.Bottom
    line is no more borrowering and spending.

    September 7, 2011 at 4:43 pm |
  91. tonie from OK

    No, eventually jobs is the only thing that will save our country and raising taxes. Someone with common sense has to come forward. Change our trade policies and tax these corporaitons billions for taking jobs overseas. It is past time.

    From what I have seen of the GOP it is the same song and dance out of their play book.

    September 7, 2011 at 4:44 pm |
  92. dave in nashville

    Repeal NAFTA and provide business incentives for every restored and reopened plant here contingent on their hiring new employees. Then attach a tariff on all parts and products made by American companies overseas and imported here and you'll get their attention. The world economy just ain't working out, time to choke it.

    September 7, 2011 at 4:44 pm |
  93. Gigi Oregon

    Hopefully by those who will pay their taxes from the employment which they have waited for for years. And the people realize how corrupt the republican party is. And we vote out every republican that has stalled the past 2 plus years.

    September 7, 2011 at 4:44 pm |
  94. richard a. winkler

    By raising taxes on the very wealthy. They pay only 35%, it should be 70%. They do not pay their fair share.

    September 7, 2011 at 4:44 pm |
  95. nimbo

    Tell you what Jack.... we can start by raising the taxes of people in your income bracket and above. THEN we can cut services for you folks as well.

    September 7, 2011 at 4:46 pm |
  96. Corinto, El Sobrante, CA

    Lets start by reducing the Congress' payroll, they are making so much money and not letting President Obama to do his joband they are not doing their job, they have become an obstacle.
    The Congress has become a torn, not only to the president but also to the rest of the country, well at least to the middle class America.
    Lets just hope that the spech is not another bla, bla, bla, bla following the republicans by their retoric, bla, bla, bla.

    September 7, 2011 at 4:49 pm |
  97. Curt, Avon, Indiana

    Okay Jack, the United States should immediately stop sending foreign aid to any country that receives it. Declare victory in our war efforts in the mid-east and bring our guys home. Stop paying farmers to grow nothing. End the tax exempt status of churches and all non-profit organizations. Begin taxing EVERYONES income at 15%. Close every loop hole in the tax code that benefits corporations. And finally have one hell of a big bake sale!

    September 7, 2011 at 4:51 pm |
  98. Carl

    Out of our corrupt and worthless politicians retirement plans. Even if we took 300 Billion out of their pension plans, I'am sure we would still have a huge surplus!!

    September 7, 2011 at 4:53 pm |
  99. Dennis north carolina

    The president is putting out a plan which all the experts will tear it into little pieces . none of the experts can come up with a plan that will create a single job but would give them tax breaks to make them richer. just like the Bush tax break which was extended to create jobs but it did not create jobs and made the rich richer and the poor poorer.

    September 7, 2011 at 4:56 pm |
  100. Patrick from Atlana

    Jack, Jack, Jack – shame on you.

    "President Obama wants to spend another $300 billion we don't have." We don't have a penny, so any proposed expenditure is a penny we don't have. At least the Pfresident's proposal is designed to create jobs, to bolster the economy, and to restore US to a first-world nation on the brink of sliding to third-world nation status.

    So-called "American" corporations have a trillion dollars sequestered off-shore. Obama's plan will give these corporations a chance to show their "patriatism" by bringing this money back to US to create jobs without paying their fair share of taxes – and hopefully hire a few of US citizens in the process.

    There's much more to Obama's plan, but the bottom line is that if it succedes, it will pay for itself in increased tax revenue "down the road".

    $300 billion is a drop in the bucket – let's give our President a chance to at least put forward his proposal before we dismiss it out of hand.

    September 7, 2011 at 5:00 pm |
  101. Eric in TX

    As a starter for paying for President Obama's $300 billion "Jobs" plan, how about we start with the President's campaign fund, stated by many to be headed for $1 billion. I would like to see our President pledge all proceeds to his campaign fund and Congress pass legislation to match all contributions dollar-for-dollar for contributions from any declared candidate for the 2012 Presidential election. If the idea catches on then Congress could extend the matching funds idea to any and all private sector contributions. All totaled it would probably be well short of the $300 billion target, but it would be a start and at least we would know who is really committed to creating jobs.

    September 7, 2011 at 5:04 pm |
  102. Tina

    How should Obama's $300 billion jobs plan be paid for?
    It should be paid for by a penalty tax. A penalty tax placed on American companies who outsource work to other countries! Ford and other companies like them who live here, see the damage outsourcing does to this country, but are determined to go elsewhere to make profits and personal gain while flushing American down the drain. You call it a penalty tax – I call it a brilliant business plan.

    September 7, 2011 at 5:05 pm |
  103. Larry, Boston MA

    How they should and how they will be paid for are two different things. The Impossible: End rax cuts for millionaires. The Possible: Long term serious structural changes in entitlements and tax reform ending subsidies, deductions and loopholes. However all I anticipate is more nibbling at the edges- same old ideas that will save jobs but will not create jobs or stimulate demand.

    September 7, 2011 at 5:05 pm |
  104. Tony from St. Louis

    Republicans say they can do this for nothing.Yes if you do nothing.

    September 7, 2011 at 5:07 pm |
  105. Mary Steele

    It shouldn't be funded! He is sitting on 8 million jobs that illegals have and they should be opened now so 14-22 million legal immigrants and citizens can apply and get back to work!!!! If stimulus was the answer we wouldn't be back here again!

    Yorktown Va

    September 7, 2011 at 5:08 pm |
  106. LEE ABLES

    Airport projects (some 200 nationwide) should be paid by airport flowage fees collected by oil companies and submitted to local airport commisisons . These fees are per gallon and collected from airline industry on each aviation gas involce for fuel pumped at a particular airport. In 1973 these were .02 per gallon (last time I was involved in accounting for this process at an oil company.

    Bridge & road construction should and is in most cases funded by the federal fuel taxes collected at the gas pumps. As the oil industry has no problem raising the price, we should have no problem raising the state & federal gasoline taxes on a product with a relative inelastic demand curve.

    September 7, 2011 at 5:09 pm |
  107. Rich McKinney, Texas

    Jack what we have here is no political courage in Washington. No one has the guts to cut what the government can not afford and no one possesses the courage to make the hard choices to raise taxes. That is what our politicians lack along with good sound judgment. Unfortunately no one running for the position of president possesses those abilities either so we have no future with the idiots in waiting.

    September 7, 2011 at 5:09 pm |
  108. Chad J. Los Angeles

    EASY.... IMPLEMENT A STOCK TRANSACTION TAX. Will stabilize the market too!

    September 7, 2011 at 5:11 pm |
  109. Gary - Woodhaven, Michigan

    I live in the Detroit area and on the local news today they had a piece about how the city water department is loosing 31% of the drinking water to leaks, one third of all the treated water made. They also went on to state that to replace the century old system would take 100 years.

    I would think nearly every large city is in the same boat, do we not think that the work over generations this infrastructure work would provide reap greater than 300 billion dollars, I would.

    September 7, 2011 at 5:11 pm |
  110. Sashland

    Cut all items in the Federal Government by 10%, and don't waste the money on another stupid obama "my best friends get stimulus" program.

    If obama gives a speech and nobody listens it won't matter that he doesn't actually say anything...

    September 7, 2011 at 5:13 pm |
  111. Bob

    Jack: You notice through your posters that the Republicans are still the blame. Obama gets another free pass!

    September 7, 2011 at 5:14 pm |
  112. Carlsbad

    Big corporations have trillions of dollars overseas cut a deal with them.

    New Mexico

    September 7, 2011 at 5:14 pm |
  113. Tim

    The best stimulus would be forgiving all student loans. Think of the amount money that would free up for more consumer spending. Obviously this idea comes from my desire to do whats best for the country and not the fact that I'm sitting on a 6-figure student loan. Like the Dems and Reps, I just want to spend more so help the children.

    September 7, 2011 at 5:15 pm |
  114. curtis in philadelphia

    Legalize weed, tax it and then sell Texas and Florida to the highest bidder.

    September 7, 2011 at 5:16 pm |
  115. Chuck Bellamy

    make Wall Street pay, their mess hasn't cost any of them much of anything while the rest of us continue to pay in so many ways...

    September 7, 2011 at 5:17 pm |
  116. Jeff in San Diego

    I think the time has come to raise taxes. The tax breaks have been extended and extended and for what? The investor class of this country are putting their money into Chinese companies and commodities markets like gold – so either into foreign businesses and workers or into a surging market they themselves are bubbling up. Obama should set aside tax breaks and unemployment and go straight to a works program where 99 percent of the money taxed goes to giving jobs to the unemployed. I'm tired of waiting for the green revolution and would never hold my breath for the generosity of the faceless corporations that run this country.

    September 7, 2011 at 5:17 pm |
  117. Jeff In Minnesota

    In theory, the additional jobs would raise tax revenue and that would offset some of the cost. However, as Washington has proven time and again, in theory, theory works, but in practice it fails miserably.

    September 7, 2011 at 5:18 pm |
  118. Average Joe

    It should be paid for by Gummi Bears and Love!

    September 7, 2011 at 5:19 pm |
  119. Nono NO

    Pay only out of the President's pocket. He promised one term if the economy did not improve. One term it should be.

    September 7, 2011 at 5:19 pm |
  120. Gary from NM

    Should be paid by the DoD's War Department.

    September 7, 2011 at 5:19 pm |
  121. Ed Fern

    Take the $ 300 billion out of Obama's paycheck... oh, wait.

    September 7, 2011 at 5:19 pm |
  122. Scott Stodden

    In My Opinion Jack So Far From What CNN Presented That Would Be Included In The $300 Billion Jobs Package Im Not Satisified With And Im A Democrat. To Extend Unemployment Is Just Crazy, Haven't We Already Extended Unemployment As Much As We Can? The Only Good Thing Is To Probably Extend The Payroll Tax Cut But We Need More If We're Going To Create Jobs!!! Here's Another Example Of President Obama's Irresponsibility!

    Scott Stodden (Freeport, Illinois)

    September 7, 2011 at 5:19 pm |
  123. Mary Cattapan

    Jack, I took one look at the plan and after I saw spending, spending, spending, stopped reading. I say we elect another President...at the rate this guy spends money this is the best way to pay for it, by using the savings we'll have when he's out of office...I am so incredibly sick of this guy! Next please!

    September 7, 2011 at 5:19 pm |
  124. Martin

    Wrong question, Jack. It assumes we want to pay for it in the first place. What is the right question? "Ask not what your country can do for you, but ask what you can do for your country"....This generation needs to become aquainted with sacrifices. The Baby Boomers inherited the greatest nation of all time on earth, and unless they are willing to make great sacrifice, they will go down in history as the most selfish, spoiled, and reckless generation in the history of man. We currently show no willingness to do so, everyone is calling for someone else to sacrifice.

    September 7, 2011 at 5:20 pm |
  125. Wayne

    Sell Lottery Tickets.

    Portage, IN

    September 7, 2011 at 5:20 pm |
  126. Bob Field Estero

    America went broke trying to run the world.

    September 7, 2011 at 5:20 pm |
  127. deborah ballweg Seibert, co

    You don't have to pay for what you don't spend.

    September 7, 2011 at 5:20 pm |
  128. Jake from Troy Michigan

    Well it is obvious that President Obama lives in the land of make believe. So it is only right to assume he is going to sprinkle some magic fairy dust and expect it to appear in front of him. He needs a reality check, and he needs it now.

    September 7, 2011 at 5:20 pm |
  129. Dave

    We could start by eliminating ALL Federal funding in the districts that elected Tea Party candidates....

    September 7, 2011 at 5:20 pm |
  130. ja

    we need to stop buying foreign govts, invest that money in america, the cities and rural areas

    September 7, 2011 at 5:20 pm |
  131. Angel Factor

    Cut defense and tax the wealthy freeloaders represented by the Republicans who have shown they are all too willing to destroy the country if they think it will improve their chances in the 2012 elections.

    September 7, 2011 at 5:20 pm |
  132. josh

    I will tell you how we will fund we will "borrow" it from china.

    September 7, 2011 at 5:20 pm |
  133. Trevor from Canton, Ohio

    If we can lay off teachers and expect the same or better results, then why not start laying off congress? Everyone else is taking pay cuts, getting layed off, and expected to do more with less. Maybe congress should do the same.

    September 7, 2011 at 5:20 pm |
  134. Over Obama

    Why extend unemployment to unmotivated people? Make them work for their wages by community service or job training. I am a hard working guy and tired of carrying the load for loafers.

    September 7, 2011 at 5:21 pm |
  135. Al Alvizo

    How about getting out of the war that we don't need to be in and stop giving money to countries who don't like us anyway!

    September 7, 2011 at 5:21 pm |
  136. Fred Strawser

    Repeal so-called Bush tax cuts for all with annual income greater than $318k; repeal any and all public subsidies to 5 biggest oil & other energy cos.

    September 7, 2011 at 5:21 pm |
  137. Roger

    Create jobs by giving incentives to small business to grow sales and profit, and therefore hire people. I own a small business and I have never heard of anything that gives us an incentive. If congress has passed anything then they havent done a good job communicating it. My feeling is that no one in Washington has ANY business sense.

    September 7, 2011 at 5:21 pm |
  138. Susan

    We farm most of our production out to China. china has 1 billion people and it is reported that they are made-in-america crazy, at tleast those that aren't the slaves in our production business. Bring 1/4 of the production farmed out to China back to the US and then ship it to Chhina where there certainly seems to be a market. Here we buy products made in China that the cost was 5 cents and we are charged $14.99 for it and it afall apart the next day. The Job package would not be necessary if we could get our production abck in the US and if required find a way to make US products more affordable here the rest to China!

    September 7, 2011 at 5:21 pm |
  139. Jack Riverswith ou

    Come on Jack! You want this to be paid for? How about helping the economy grow! NOTHING will be paid for with our economy in a recession. Once the economy is growing again we can make cuts that will pay for this, until then nothing else matters. When millions of people lose their unemployment benefits next year and have not a thing and depression era tent city's "Hoovervilles" reapear do you think we'll be paying down the debt then?

    Littleton, CO

    September 7, 2011 at 5:21 pm |
  140. michael carr

    Here we go again is right. He has not said a word and you are blasting him. I think if you were a bit smarter you would maybe hear what he says before you make up your mind. I know the Republicans made up their minds along time ago that it does not matter what he says they are against it. But you are suppose to be a bit above them?/ Maybe not.

    September 7, 2011 at 5:21 pm |
  141. Sathya


    We can ask presidential candidates to donate money they raise for their presidential campaign and go back to their constituencies to raise more instead of them portraying as creators of jobs when they are elected whic wouldn't come for another 4 years after they are elected.

    September 7, 2011 at 5:21 pm |
  142. CCM Florida

    We should just print more money, I mean were the only country that can so why not what's another 300 billion when you're almost 15,000,000,000,000 in debt!. Obama should know this will not save him. God bless America

    September 7, 2011 at 5:22 pm |
  143. Vince Hugh

    Jack, pay for Obama's new program by doing away with the Department of Education. This has been a farce of spending billions and our kids are less educated than before the program began. Let the states handle education and do their own taxing for it.

    September 7, 2011 at 5:22 pm |
  144. Jerry Corbin

    Why all of the sweat about paying for Obama's job program. There isn't going to be a program to be paid for, the Republicans will insure that it is dead on arrival. They must continue as the party of "No" and at all costs, do all they can to insure that Mr. Obama is a one term president! Dosen't matter what impact their actions have on the nation!!

    September 7, 2011 at 5:22 pm |
  145. Bill from Flowery Branch, GA

    You can start by cutting the salaries and benefits our representatives are getting. They are all doing a sorry job. In the private sector, they would be fired. Then you can put forth tax reform, by eliminating the IRS, and going to the Fair Tax, so everyone pays the same.

    September 7, 2011 at 5:22 pm |
  146. Richard Irons

    Let's not do it; lets have soup kitchens and bread lines!

    September 7, 2011 at 5:22 pm |
  147. Ed

    the 300 billion dollars should come from taxing the 91% of us that are employed. That number is not covered enough. If you are the 9.1% that is unemployed it is a bad place to be but we must remember that 91% are employed and we should empower those who are not.

    September 7, 2011 at 5:22 pm |
  148. Dave - Phx, Az

    We should enact a new CEO tax along with it. 75% tax rate on all CEO's, golden parachutes taxed at 95%.

    September 7, 2011 at 5:22 pm |
  149. RobertP

    Americans scream that they want jobs, however when it comes to paying for it they don't want tax increases or a cut in their services. Democrats continue to pander to their base, while the Republicans continue to scare the country into thinking we are head for the next Great Depression if we don't vote for them. We need real mix of tax increases along with cuts in entitlement programs or the next Republican president may just enter office exactly were President Obama did. Broke..

    September 7, 2011 at 5:22 pm |
  150. mark in arkansas

    Jack, I'm unemployed, been that way for too long. I don't want a make-work job, I want the job back that we paid a US corporation to send to China. Pay for a jobs bill? Charge corporations a penalty that DON'T employ US workers.

    September 7, 2011 at 5:22 pm |
  151. Bill, Atlanta, GA

    Jack: any new jobs program for the United States should be paid for through taxing corporations and/or the wealthy people who own those corporations. After all, it was folks like that who got so rich exporting our good American jobs to other nations, which is largely what got us into this mess we are in now.

    September 7, 2011 at 5:22 pm |
  152. Dennis

    1-Unemployment Benifits allow Families to purchase needed items. Demand=Jobs
    2-Money to States keep Teachers Employed, Students Educated. Education=Inovation=Jobs
    Why cant "Conservatives" recognize the simple fact that Business hires when they have the Need!
    That Need ONLY comes from Families purchasing Product and Services.
    Not ONE Job has EVER been created by Tax Cuts to Wealthy. Wealthy will create jobs when Demand increases NOT when their taxes decrease!! Come On Now!
    Pay for it by Taxing Wealthy and Corporations!!!!

    September 7, 2011 at 5:23 pm |
  153. Bruce

    Doesn't seem that anything will fix a problem that was created by those in Washingtron who created it, so I recommend paying by eliminating all retirement, insurance and additional benefits to include lexus retals on our dimes, and instituting a law that requires any pay raises to congress to be voted on by the American People. Perhaps when they have to vote for the betterment of the people over the power of the party, they will start doing their jobs so that this no longer happens.

    September 7, 2011 at 5:23 pm |
  154. Dolores Surprise AZ

    How about ALl Americans paying a little more in taxes. My husband and I are in around the 30,000 income bracket and we would be willing to pay a little more if ALL OF THE WEALTHY woudl be willing to pay their share. You can not have wars going without having money coming in to pay for it. Of course in the 2nd world war they sold war bonds and stamps. That would be a good suggestion. Another way to raise revenue would be by taxing ALL OF THE COMPANIES that send jobs overseas. No tax breaks unless you hire American workers and extra taxes if you do not. There are lots of ways to help reduce the deficit that the Bush/Cheney administration got us in to. IT will take a long time to undo what they did to this country....of course it didn't hurt them. They are fat cats enjoying their millions.

    September 7, 2011 at 5:23 pm |
  155. Kirsten

    Never mind Obama's current spending ..... I'd still like to know how we're going to pay the $1 trillion+ price tag for Bush's two wars? How can a leader start two wars and cut taxes at the same time?? It's no wonder we went into recession. Obama has had an uphill battle all the way.

    September 7, 2011 at 5:23 pm |
  156. Jeff (St. Louis)

    The money to fund should come from Washington folks funded by our government. Obama has 1 1/2 years left in office and everybody as a solution on how to fix it. There are even folks running for office that we are paying today by our government to fix things but they are running for office, may be they should be doing that on their nickel not ours.

    September 7, 2011 at 5:23 pm |
  157. beevee

    Simple, tax the wealthy a bit more for which the wealthy are already agreeable (despite what the idiot GOP leaders say). Slowly withdaraw from Afghanistan along with the aid to Pakistan and other countries. Seal all the corporate tax loopholes. We have enough. But our GOP goons won't let that happen.

    September 7, 2011 at 5:23 pm |
  158. Seve

    HELLO! RAISE TAXES on the wealthy! The only good that tax cuts do for Americans is elect politicians. Check history, Bill Clinton raised taxes, George Bush Sr. raised taxes, even Mr. Conservative movement himself (Reagan) raised taxes! We need to stop protecting the wealthy and realize they only represent 2% of our ailing country.

    September 7, 2011 at 5:23 pm |
  159. Marcia in Ohio

    Easy.....Assess every Congressman/woman to contribute from their grossly inflated campaign funds. Cut their pay.... Cut their office staff and let them ride the bus home to visit! I am serious!

    September 7, 2011 at 5:23 pm |
  160. Richard C.

    Let's see; how about stopping payments to illegal imigrants; ending the wars; reducing ridiculous regulations, and making it easier for American companies to do business in the USA. These simple solutions will give us enough money to write a check to cover Obama's hind quarters. It's not astrophysics, stop wasting money!

    September 7, 2011 at 5:24 pm |
  161. Daniel H.

    I think we should have asked that question when George W. and Cheney continually spent money we didn't have year after year. Wolf had the right tone by directing these questions at Dick Cheney, but were answered like a true politician, full of ambiguity. All the hoopla about new oil and gas jobs coming from the right side won't happen either because most unemployed Americans are not qualified to build a pipeline or run an off-shore rig. Wait, maybe they'll put more incapable people out there like the BP disaster. The bottom line is we all have to join together, like dismal times in the past, and build this country up again. I'm not sure either side can motivate the masses and this new plan from Obama won't get anywhere with Congress so we can forget about paying for it!

    September 7, 2011 at 5:24 pm |
  162. David

    From the top.

    September 7, 2011 at 5:24 pm |
  163. John

    Repeal all tax break incentives for everyone. Establish a flat rate of tax for Federal and State. No deductions allowed, work, pay the percentage due and leave the money there. No refunds, no rebates. The flat rate would apply to all, not respective of salary or income levels. If you make 25, 000 and need to pay 2500, you pay; if you make 250,000 and need to pay 25000, you pay it. Simple, the feds and state can then plan based on dollars available, not those that are reduced by education credits, tax credits, low income credits, mortgage credits, fuel credits etc...

    September 7, 2011 at 5:24 pm |
  164. Jerry Jacksonville, Fl.

    Let the lousy lobbyist that stuff the pockets of the members of congress pay for it, then again the members of congress would just give themselves a raise to offset the money they get from the lobbyist.

    September 7, 2011 at 5:25 pm |
  165. Tommy

    Can we stop sending financial aid to the more than 150 countries we are currently subsidizing? That should free up a few Trillion?

    September 7, 2011 at 5:25 pm |
  166. Aaron

    A little off-subject, but why would the US Chamber of Commerce put up JOBS banners on American soil? They are mainly funded by foreign governments that want American jobs outsourced to their countries. Even pretending that they care about American jobs is beyond hypocrisy.

    September 7, 2011 at 5:25 pm |
  167. Bill Flowers

    good plan but if money were to be put into housing construction it would create many more jobs and make afordable housing for people

    September 7, 2011 at 5:25 pm |
  168. Mike - Cumberland, RI

    $300 billion for what? The only jobs the government can create are GOVERNMENT jobs. I'd like to see POLICY change that will encourage a renewal of manufacturing in the USA. Find ways to stop GE from sending their entire imaging division to Asia. etc etc . Any politician that promises jobs hasn't ever worked a real one himself!

    September 7, 2011 at 5:25 pm |
  169. Magnum Serpentine

    Obama should not call for 300 billion in new spending. Instead Obama should propose new Tariffs for any good or service produced overseas and yes this would mean that goods made by American Companies but in foreign factories would indeed be labeled foreign and slapped with a 33 1/3 percent tariff. Next the President should call for massive tax icreases on those factories that moved their jobs overseas. If they bring their factories and jobs back to the USA then they will get tax breaks. Also Obama should then say that all Tax Breaks for moving jobs overseas are ended, then Obama should vow to veto any bill or law that will cut Social Security, Disability, medicare and Medicaid and then he should cut the Military Budget to 50 Billion and use the savings to fund Social Security and also to fund tax cuts to businesses who hire Americans to work their factories on American Soil.

    September 7, 2011 at 5:25 pm |
  170. Ira Kasoff

    Jack: maybe you pay cash when you buy a new car, but most of us finance it. How many American families do not rely on debt (credit cards, car loans, student loans, home mortgage, etc)? We can do it as long as we have enough income to cover the payments. Similarly, despite your rants, the credit markets obviously feel the US Govt can repay its debt – otherwise, why would Treasury Bond interest rates be at rock bottom levels?? What we need is short term spending (on infrastructure, schools, and yes, extending unemployment) coupled with a long-term plan to raise taxes, reduce govt spending, and reform entitlement programs.

    September 7, 2011 at 5:25 pm |
  171. John F

    If we cut a mere $2.5 billion a month from each war in the Middle East, we can have the silly plan payed for in less than two years. But I really think we should just listen to Ron Paul and end all the occupations, which would eliminate the deficit and allow us to really focus on ridiculous national debt and our currency, which has dwindled away to a shadow of its former self.

    September 7, 2011 at 5:25 pm |
  172. Adam

    With tax reform! Plain and simple. A new tax bracket should be created for those making $5M or more, somewhere around 40-45%. Same goes for social security taxes, why is it capped at income only up to $106K? For millionaires taxable income should include much more than $106K. We all know they make most of their money from stocks anyway. Not only would this pay for the new jobs bill but it would help with the ever-increasing debt and the social security crisis.... Too bad President Obama doesn't have the audacity to stand up for us democrats he once had... The rhetoric only goes so far.

    September 7, 2011 at 5:25 pm |
  173. Shamz

    1) Tax increase on everyone, not just the rich. Rich make up a <1% population and they know how to keep their % bracket low, ie. Warren Buffett. 2) Cut spending- it will decrease jobs temporarily, but only government subsidized jobs. 3) Cut dependence on China – they are cheap, but why go to a communist government to keep this country running 4) Stop fighting – blame game is rediculous and the US people and the world are tired of it. Get it done, talk is cheap

    September 7, 2011 at 5:25 pm |
  174. Logan

    Pay for it with a tax on every job that every company ships overseas. And while they're at it, they should make sure that a large portion of this money is spent with small companies and small contractors. The jobs program doesn't need to be a trickle down model for big companies to rake in the big bucks while continuing to squeeze out small business. Otherwise just call it what it really is: more corporate welfare

    September 7, 2011 at 5:25 pm |
  175. donald

    the first thing to do is cut off all perks to federal employess and politicians. the billions spent on free mailings from all the politicians is bankrupting the postal service. billions on pieces of political propaganda and junk is sent out weekly to people everyday. free health care retirement after one term in office and free college loans to their familys. cut off all federal health care to government employees and demand that they all pay into social security and buy their own insurance.

    September 7, 2011 at 5:26 pm |
  176. Xavier of Virginia

    Taxes on big business, Jack. Don't believe everything you see on the news. We aren't in a recession anymore. Many of these companies have plenty of revenue coming in. They aren't hiring because they'd rather keep it for themselves than take the risk of hiring on the off chance of a second recession down the line. Well, that's fine. If they don't want to hire me, they can pay for my unemployment.

    September 7, 2011 at 5:26 pm |
  177. Bill Dingas

    The $300 M should not be funded as I do not see how it creates jobs. The only item that made half sense was infrastructure which was proven to work well during the great depression. Obama still does not get it as I thought there was a group trying to find ways to limit the debt – not make it bigger! I liked Romney's plan much better – read his free book!!!

    September 7, 2011 at 5:26 pm |
  178. Mac in Montana

    Not to worry. The Republicans will call the Obama plan dead on arrival.
    Nothing will come out of this congress except more politicking.

    September 7, 2011 at 5:26 pm |
  179. Alex

    It's not possible to have all things all of the time. You criticize Obama if he doesn't create jobs and criticize him when he spends too much money and increases our debt. If you're sitting on a different plan that will create worldwide utopia and make every single person happy on both sides of the aisle, please do share and enlighten us. I'd love to know what we've all been missing these last several months.

    Brooklyn Heights, New York City

    September 7, 2011 at 5:26 pm |
  180. Kenneth Vaughn

    Do not spend it. Pass the Fair Tax and fix our economy by creating jobs from increased consumer demand and grow the economy by attracting foreign investment in plant and equiptment and stimulating the competitiveness of American products overseas.

    September 7, 2011 at 5:26 pm |
  181. Rich McKinney, Texas

    Jack our government has never successfully created jobs with the exception of jobs with in it's own bureaucracy. There is no money to create jobs in the government's bureaucracy so the logical answer is that there is no money to create jobs. There never has been. The only thing the government can do is create a favorable place for jobs to be created. Until our government is ready to do that few jobs will ever be created.

    September 7, 2011 at 5:26 pm |
  182. Ronnie

    We have not been spending any money all we have been doing is talking about spending. We will have to spend money to make money and to bring the economy back. Businesses might have a lot of money in their coffers but at some point they will need customers. The customers will be those unemployed construction workers that the will be put to work.

    September 7, 2011 at 5:26 pm |
  183. Mark in Las Vegas

    First, the payroll withholding was reduced on the Social Security withholding tax, not income tax. Therefore return the withholding to what it should be. Reduce the Federal Income Tax if he was to reduce withholding. The 300 billions can be raised by pulling our troops out of Iraq and Afghanistan and stopping all contracts in the two countries. Reduce the budget by 10% across the board including defense. And that will take care of it. Of course unemployment will rise as we'll then have unemployed soldiers, government workers and government contractors. Oh well.

    September 7, 2011 at 5:26 pm |
  184. John Keida

    The same way private business cuts costs – layoff the bums. Based upon lack of productivity in federal, state and municipal governments, I suggest that at least 20% of all politicians be laid-off. Since the Republicans and Democrats vote in predictable partisan blocks, why do they even have to be in Washington DC? Can't they do all their work through the internet and spend their time at home near their constituents? Does the US really need 50 State legislatures, governors, etc? I don't think so. To boot, how about limiting salaries for politicians to the average US annual income. Maybe we can even get it added as an amendment to the US Constitution 🙂

    September 7, 2011 at 5:27 pm |
  185. Lee in Chicago

    By closing the cooperation tax loopholes, GM did not pay a cent last year! By taxing the very high income earners. Jack: you asked how extending unemployment benefit helps create jobs? On the surface, it does not. But should those who are currently unemployed and tried hard to find jobs go hungry? Have some compassion! Maybe the unemployment benefit helps to boost consumer spending, which helps the economy and then more jobs will be available. Jack, your commentary focuses on the deficit, and not enough on people's suffering! You have become cynical at your old age! 😉

    September 7, 2011 at 5:27 pm |
  186. mif991

    Let those who want to donate their money do so to Obama's Government spending program. If half the country wants to fund this monster, let THEM do it.

    September 7, 2011 at 5:27 pm |
  187. Ken*

    Real job recovery should be lead by the private sector. Washington needs to create a healthy environment for private sector growth. Not increase the federal debt.

    September 7, 2011 at 5:27 pm |
  188. larry in newyork

    The way to pay the 300 billion is to fire everyone in Washington now .

    September 7, 2011 at 5:27 pm |
  189. rob williams THE SURVIVOR

    Since the crooks took over the government, big companys have learned to make more money with less workers and by charging more for less. smaller candy bars, smaller toilet paper rolls , you get it. The middle class is dead in america and unions are under attack.. Be thankfull cnn likes you, you could be next,

    September 7, 2011 at 5:27 pm |
  190. Jack

    Put congress on medicare, rent out the mega Gym they have, put them on social security retirement and take that money and put people back to work.

    September 7, 2011 at 5:27 pm |
  191. Bill Dingas

    The $300 M should not be funded as I do not see how it creates jobs. The only item that made half sense was infrastructure which was proven to work well during the great depression. I thought there was a group trying to find ways to limit the debt – not make it bigger!

    September 7, 2011 at 5:27 pm |
  192. Lyle from California


    You are a smart man, so I am sure you will. Lets start of by getting rid of taxbreaks that send our jobs over seas. Just today Toyota announced they will no longer import camerys and count on their demostic plants here in the states to meet the demand. The wealth gap in this country greatly expanded over the past ten years, Time for the mega rich to help out. Buffet has it right!!. Speaking of helping out, lets stop the two wars that we should of never started and aid to other countries! We hae are own problems.


    September 7, 2011 at 5:28 pm |
  193. joe

    Tax the rich. Shouldn't that be a no brainer?

    September 7, 2011 at 5:28 pm |
  194. JonF - San Francisco, CA

    Raising taxes on the wealthy has been suggested by many – however, that alone would not be sufficient to raise that kind of money. Frankly I think it's too little too late – and Obama needs to stop grasping at things and come up with something viable.

    September 7, 2011 at 5:28 pm |
  195. Dennis

    – Raise the tax rate of the top 2% back to the Clinton era rates.
    – Close all corporate tax loopholes.
    – Close all tax loopholes period!
    – Also, end all tax subsidies to corporations.
    – Draw down the troops faster, in both Iraq, and Afghanistan.
    – Reduce the pay, and benefits of all Congress members by 5% over the next 5 years.

    September 7, 2011 at 5:28 pm |
  196. Renaldo

    You know Mr. Cafferty, maybe we could tap the 1 trillion dollars in offshore accounts through US Corporations. Why in the heck do we have to "repatriate" money from US corporations? Why should we have to entice our own home grown companies to hire Americans first...I'll tell you why because money talks and...we no cliches on this one...A shame we, Americans are being made to hire ourselves through our own money,while corporations dance around this Administration through financial terrorism... Hiring freezes around the country, yet some are reporting bountiful profits. Corporate America, where's the beef?

    September 7, 2011 at 5:28 pm |
  197. BAM in Maine

    Since the unions are ranting about jobs – pay for it out of all the money the unions dump into Democrat's coffers.

    September 7, 2011 at 5:28 pm |
  198. Joe G.

    Simple. Don't do it. If they do, do what always works. Cut taxes. Tax cuts have always generated more revenue. I know it is hard to beleive because it is counter intuitve, but it is factual.

    September 7, 2011 at 5:28 pm |
  199. Glen

    Jack, I know we are supposed to be a leader and a humanitarian country, but in recent years we have our own disasters, poverty and hardships to deal with. If we stopped sending both humanitarian and influential foreign aid to every country who asks and any who don't we could easily pay for the jobs program and perhaps run down our deficit. I am sorry, but we can not save the world when we can not save ourselves. As everyone knows, a good deal of the foreign aid is not used for the intended purpose because of corruption in foreign governments or "radical" factions who seize it. Enough is enough. Stop sending it. This is the quickest fix I can think of.

    September 7, 2011 at 5:28 pm |
  200. Bill

    What I don't get is why Obama is even attempting to sell such a package. He knows that he can't get 60 votes in the senate for anything he wants and forget his plan ever seeing the light of day in the house with Boehner and his gang of tea party friends. However if some magical spell convinces congress to do so, they should pay for it by closing corporate tax loop holes and shut down gitmo and these military bases over seas. We do not need to be the police of the world and its costing us billions of dollars to have military bases in japan and germany. Lets bring home the troops and create reform the tax code.

    September 7, 2011 at 5:28 pm |
  201. Billie Shaffer in Tx.

    Obama is following the example of both Roosevelt and Eisenhower. Roosevelt started all kinds of jobs programs...Eisenhower started and funded the Interstate system. It put people to work!

    September 7, 2011 at 5:28 pm |
  202. Rudy Padgett

    Simple: Stop all foreign aid.

    Rudy Padgett
    Roanoke, VA

    September 7, 2011 at 5:29 pm |
  203. Diwakar

    Where were fiscally responsible individuals like you (Jack) when the "Too big to fail" companies lined up the streets of the capital begging for handouts and took the billions of borrowed tax payer money?
    The jobs plan without including un-employment benefits extension will benefit the Americans looking for jobs and for a change and departs from the norm of Washingtons trickle down economic policies for the first time.

    September 7, 2011 at 5:29 pm |
  204. Clay Powell

    The question is not how it will be paid for it's how can we not afford to do this? I'm sure your rant has all the tiny brained folk all fired up but your opinion is ill informed. Yes when you go into an auto dealership to purchase a car you are expected to pay, the vast majority of folks take out a loan and pay over time.

    September 7, 2011 at 5:29 pm |
  205. Charly in Del Mar

    Change the way we run elections. Only allow 6 weeks of campaigning prior to the election. Take all of the money collected to date and pay for the jobs program and what's left over, pay off what's been pilfered from Social Security. The real bonus is that the we won't have to listen to all of the interviews, commercials, slander, etc. until NEXT September. Everyone wins.

    September 7, 2011 at 5:29 pm |
  206. Jason Rosado

    Eliminate the healthcare benefits and pension plans for members of Congress! Make them pay for it themselves. Then, cut their salaries by 40% – that should cover a good portion of the financial need.. Also, Impose a new tax for any revenues generated by individuals who have served in or run for public office (within 5 years). This will prevent those who supposedly seek to serve the American people from cashing in on their "fame" and wasting all our time and money while in office. This would also spare us from Palin, O'Donnell, Cheney at al spewing their pointless rhetoric for personal gain.

    September 7, 2011 at 5:29 pm |
  207. Logan in NC

    Lets just not pass this thing .....so we don't have to pay for it.

    September 7, 2011 at 5:29 pm |
  208. Dean

    It should be funded by the 47% of people who pay no federal income tax.

    September 7, 2011 at 5:29 pm |
  209. rob williams THE SURVIVOR

    How about that 60 billion lost and cant be found that we gave our friends and partners in the middle east,, that could fund a few low pay jobs

    September 7, 2011 at 5:30 pm |
  210. Kevin Webb

    Assuming that the money can be found continuing people's unemployment benefits helps those at the bottom of the economic heap; continuing the payroll tax deduction helps those in the lower-middle to continue spending for necessities; I don't see how anyone could be against retaining teachers to teach our children. Why not assess a special tax on the top 3% who have such a disproportionate share of the wealth. They will still be able to buy their Lamborghinis and Gucci. Most economists say that the government must spend (even deficit spending) to avoid another recession, maybe even worse than the last. Once the economy gets moving we can get serious about raising taxes fairly on everyone and seriously cutting spending. Thank you for your consideration

    September 7, 2011 at 5:30 pm |
  211. Cindy

    It could be paid for by eliminating the Bush tax breaks and getting us out of two wars, plus Libya. Also, if the argument is that tax breaks pay for themselves because it enables wealthy people to create jobs and jobs create taxpayers (a failed argument, I might add), would it not makes as much sense, that a stimulus pays for itself by providing jobs to people who will become taxpayers?

    September 7, 2011 at 5:30 pm |
  212. Jason

    "If it ain't broke, don't fix it"

    Borrow from China. They seem like a nice bunch of communists

    September 7, 2011 at 5:31 pm |
  213. John Sherrill

    How about starting with the $174,000 per year salary of all 535 members of congress and the $400,000 per year salary of the president? That's a total of $93,490,000 per year. They are public SERVANTS right? Maybe if we take away their pay, we will get people in office that are actually interested in making a better future for all Americans!

    September 7, 2011 at 5:31 pm |
  214. Lee in Chicago

    I am so frustrated by the fact that before Obama said anything, some people just immediately shut him down. Too quick to judge!

    September 7, 2011 at 5:31 pm |
  215. fred338

    its simple, stop paying congress for all the work they don't do. these people should be required to punch a time clock and forget about vacations until they do some constructive work for the people. tie the GNP and unemployment to their pay.

    September 7, 2011 at 5:31 pm |
  216. CJ

    What difference does it make if he lays out a sound and resonable plan with a full proof way to pay for it all. The Republicans are not going to listen, as a whole they do not believe it would in their best interest to agree with the President of the United States, and they have already proven that compromise is not in their vocabulary. No matter what plan comes from who, in the end it will all be about politics.

    September 7, 2011 at 5:31 pm |
  217. Joe G.

    How about we tax the greedy rich union bosses!!! Also take away their jets and first class travel. The union member gets gouged while our bosses get rich. Some kinda great plan.

    September 7, 2011 at 5:31 pm |
  218. Alan E Perez

    I pray that the plan doesn't go through. But if we had to pay for it I would suggest a universal flat tax of 15% for the poor and the rich, no more bureaucratic nightmare and hidden taxes. Give companies incentive to keep businesses in the USA, do not punish people for succeeding or reward people for failing. No more foreign wars; we have no right, want, or Money to play world police. No more social programs that make people think they are entitled to to others money. No more drug war; drugs are already here, pretending that they are not is just lying to ourselves and we don't need another prohibition. These items I believe would save money and improve the nation as a whole.

    September 7, 2011 at 5:31 pm |
  219. Ralph Rodway

    Jack, you ask how extending unemployment extends jobs, here's how. Those receiving unemployment get their cars fixed, get their roofs repaired, buy milk, and eggs, buy bread. That activity helps the roofer, the car mechanic, the farmer, and the baker to name a few, don't you get it?

    The three hundred billion should come from the super rich, as simple as that..

    Ralph Rodway
    Old Orchard Beach , Maine

    September 7, 2011 at 5:32 pm |
  220. Mike, Oregon

    Well Jack lets see.
    How about "all the PACS and Super PACS becoming patriotic and combining all of their political contributions and donating the total sum to the good of all the American people I'm sure that would more than cover what is needed.
    But I bet the butts will not do that.

    September 7, 2011 at 5:32 pm |
  221. Nancy, Tennessee

    The government needs to reduce waste, fraud and abuse and pay for the jobs package. The President needs to start by creating some jobs for auditors and pay them by commission only. They can have a percentage of the money that they save the taxpayers by finding waste. He needs to get creative, throw normal procedures out the window. Hard times call for unorthodox solutions.

    September 7, 2011 at 5:32 pm |
  222. Charlie

    There are 112 million households in America. Why don't we just give each household $3,000 and let them spend it on what they need. That will get the economy moving without lining the pockets of CEOs

    September 7, 2011 at 5:32 pm |
  223. Brandy

    Executive order to put the WPA system back. Eliminate the Bush tax cuts, have a flat tax where everyone pays the same rate (no deductions), eliminate duplicate departments in the government, give companies headquartered in other countries a tax cut compared to what they are paying in other countries to bring them back to the US, but when it comes down to it, the President could do everything the republicans want and they would still vote against it.

    September 7, 2011 at 5:33 pm |
  224. Jane Dugdale

    Tax the wealthy! Tax cuts to the wealthy do not create jobs, or we would not be in a recession. Wealthy individuals paid 90% income tax in the 50s, and that's when our nation flourished. They have paid less and less ever since , and unemployment keeps growing. They cry that they need tax cuts to create jobs, but they just sock away the money overseas, send jobs abroad, or buy up foreclosed homes, businesses, and even public infrastructure. The wealthy are only wealthy because our tax dollars have supported their businesses. Now it's time for them to give back to the rest of us and make our nation strong again by raising everyone's boat.

    September 7, 2011 at 5:33 pm |
  225. joe

    America will soon be a third world country if the republicans don't compromise with the president in order to get this country out of the mess it already is.

    September 7, 2011 at 5:33 pm |
  226. Robert

    Dividing scarce resources like government is meant to do, is not terribly difficult compared to many engineering problems today. What is difficult is getting the will to make the compromises to solve problems. If you wanted to do a really good job governing you would use a great many cost benefit models to really figure out how best to allocate scarce resources. Today, our leaders do the opposite. Ideology replaces engineering. Instead of working on compromises that benefit all, they work on the most extreme positions out of pure ideology and resources are wasted. Heck, I think President Obama is trying hard to get reasonable solutions, but the republicans almost reflexively want to do the opposite of whatever he says. He also doesn't have that much control over the economy, although it could be argued that if the 2010 election went the other way, then the uncertainty would be less and we might be doing better.

    In conclusion, if we are to find a real solution we must change how government works to make hyper partisanship less useful. The only way I see that happening is to first redistrict without political biases and then to require instant run off voting as a way to make third parties more reasonable. After all, if we can get beyond two parties then it is a lot harder just to destroy one's opponent to win....

    September 7, 2011 at 5:33 pm |
  227. Alice

    Tax the top 2-3% of Americans, get rid of Bush tax cuts for the wealthy (Warren Buffett would agree), tax corporations a higher rate for creating jobs outside of the U.S., close ALL offshore corporate loopholes, get rid of mortgage tax breaks for second homes, eliminate ALL Government perks paid for by taxpayers, put Congress in the same health care program we have, cut Congresses pay by 3%, raise the entrance fee for Federal parks and buildings, penalize China's unfair trade policies by tariffs, and finally place a penalty jar in Congress where they have to put in $1 each per week when they don't do the right thing and another dollar when they cater to special interest groups. That alone should take care of it.

    September 7, 2011 at 5:33 pm |
  228. Walt Zerrenner

    Let's start with CEO jeff Imhelt of GE who is Obama's appointed Committe Chairman for Jobs and Cpmetiveness in China. Instead of a $200 Bilion joint venuture with China, keep th jobs and the competiveness here in the U.S. Didn't Obama say in his campaign that he would give tax breaks to corporations that kept the jobs here in America. At last count GE pays no taxes. $200 billion would be a good start for jobs in America.

    Walt Zerrenner Greenville, WI

    September 7, 2011 at 5:33 pm |
  229. Dr. Marc Mihail

    How should a jobs plan be paid for? Unshackle the economy from overregulation and the American people from the nanny state. A free people will rise again both in terms of motivation and desire to be fully human. Shrink goverment to its bare minimum to maintain liberty and national defense. A sterling question, Sir, brilliantly presented.
    Marc Mihail, Las Vegas, Nevada

    September 7, 2011 at 5:34 pm |
  230. Lee

    The $300 Billion should be paid for by bringing our troops home by the end of 2011. Our soldiers have sacrificed a great deal for the U.S., but we have unconscionably asked them to continue fighting in two wars that have been a waste of our money and human treasure. We have spent $1.3 Trillion so far on these useless wars while Billions have been stolen by the Afgan officials. Also, if the Tea Party is successful in dissolving Social Security, Medicare and Medicaid then the citizenry should demand that they all forgo their government pensions, medical coverage and heafty government salaries – Join the Middle Class!

    September 7, 2011 at 5:34 pm |
  231. Buddha 2112

    Hey Jack,
    I agree with Wilhelm von Nord Bach, end the billions of dollars of tax loopholes for corporations, esp "Big Oil", and multi-millionaires/Billionaires. Let's also start an audit of the Bush adminisration and bring those thieves to justice. Want a new way to generate revenue, let's try something new. I know most would find this radical and even far right...tax ALL religions. For over 200 years they have evaded and invaded our minds and homes. Want seperation of church and state? Let's forget that and make them part of those who contribute to this nation instead of dividing it. I hope you air this.

    PS I am a disabled vet.

    September 7, 2011 at 5:34 pm |
  232. Jocelyne

    Keep all our monies within the borders of the United States. We always find money to bail out other Countries. How about taking care of ourselves for once.

    September 7, 2011 at 5:34 pm |
  233. Marc

    It can't be paid for, we are bankrupt and borrowing more only creates more problems. When will we learn that government cannot create jobs, any jobs they "create" are temporary and aren
    t free-market solutions. Let the markets correct themselves, the housing bubble was created by government intervention in the form of government sponsored enterprises in the housing market, more government intervention only prolongs the problem. They need to take their hands off and leave the market decisions up to the consumers, the real kings of the market. For them to say they know what jobs need to be created, is their way of saying we know what you need better than you do.

    September 7, 2011 at 5:34 pm |
  234. George

    Get it from the "job creators" who hide under Republican skirts.

    September 7, 2011 at 5:34 pm |
  235. Ken Diaz in Alpine, CA

    Marijuana Tax. Legalize it!

    September 7, 2011 at 5:34 pm |
  236. Mark in Houston

    How would it be paid for? How about elected officials working for 1/2 their current salary, giving up their health care and other perks, and have all election donations for the next four years placed in a Job Stimulus Account. Preposterous? You bet, but no more than the original plan itself.

    September 7, 2011 at 5:35 pm |
  237. Renee Peoria,Ill

    They already know how to pay for it: tax the rich, end the wars, heavy fines for anyone sending jobs overseas, etc. but no one in Washington is willing to do it. Feeding the special interest monsters has become the rule of Washington at our expense.

    September 7, 2011 at 5:35 pm |
  238. Mrs E in CT

    You jest?? This is NOT A JOB PLAN. This is deficit spending nightmare. Kill his plan ..
    One suggestion to conserve federal funds is to stop ALL foreign aid and keep the $$ within the USA borders. Once the flow of dollars outside the country is cut back and even eliminated, there should be enough to start rebuilding and repairing the infrastructure in the USA which will create jobs.

    Our current leader has surrounded himself with idiots for advisors. He needs to get rid of all of them and start with a fresh slate. He simply doesn't get it! Totally disgusted. I believed his rhetoric before the last election, I wanted change, I wanted something new .... HE HAS NOT DELIVERED. He has shown he does not have the background nor the experience to serve as POTUS

    September 7, 2011 at 5:35 pm |
  239. tillie, sc

    Let's cut out a lot of giveaways – like farm subsidies to corporations that were intended for individuals, like oil and gas credits, like capital gains special tax treatment, like Headstart...the list goes on and on and on.........

    September 7, 2011 at 5:35 pm |
  240. mikekiley

    Jack your assumption is fals that at this moment for fiscal stimulus, a proper government role, the feds need to "pay" for job creation.

    The false notion that we need to pay or balance or otherwise treat the federal government as a business or household is a damaging misconception and political snipe.

    What we need is people with money to spend because they have jobs, which means, we need jobs. The role of the feds is to actively create jobs programs.

    The debt will take care of itself.

    September 7, 2011 at 5:35 pm |
  241. Pamela

    Raise taxes on millionaires, billionaires and corporations. It is time for the Republicans to get off their backsides and do something patriotic for their country instead of their corporate friends.

    September 7, 2011 at 5:35 pm |
  242. Michael in Albuquerque, NM

    Fund it the same way they funded the tax breaks for the rich. Fund it the same way they funded the bailouts for the banks. Fund it the same way they funded the bonus's for the hedge fund managers. Fund it the same way they gave companies breaks to close the factories in America and ship them overseas. If that doesn't work, fund it the same way they propped up collapsing countries in Europe: PRINT IT ! ! !

    September 7, 2011 at 5:35 pm |
  243. Nancie Utah

    Create a too good to pass up “bonus” tax incentive for companies to offer internships for the unemployed!

    September 7, 2011 at 5:35 pm |
  244. Z

    No one believes the government is efficient in handling funds, why would we want to give them more to mis-manage?

    September 7, 2011 at 5:36 pm |
  245. Rodger

    Same way we "paid" for Bush 2's failed tax cut stimulus and his 2 wars, for Reagan and Bush 1's deficit spending, and in fact how we paid for WWII. We refinance and hope the value of the dollar declines.

    September 7, 2011 at 5:36 pm |
  246. Ed Varchal

    Gee, an easy question for a change and implementable action plans.

    I believe $2 in spending cuts to pay for each $1 in the plan. Some of the cuts are
    pretty easy also, it sounds like many cuts can be found right in in the plan.

    Want improvement – Take 30% of congress salaries and staff budgets and
    make it into 'incentive pay'. To get it back all they have to do is earn it.

    For each 10% deficit reduction get back 5% of your 'incentive' pay & staff budget.

    For each 1% of drop in the 'PRIVATE SECTOR' unemployment rate get 10% of your
    'incentive' pay back. Allow people to earn more than their pay if they succeed wildly.

    3 to 5 years of this and things woulf be nuch better,

    Ed in Florida

    September 7, 2011 at 5:36 pm |
  247. Anomic Office Drone

    I read recently that nearly 40% of of the two trillion dollar swing from surplus to deficit between 2001 and 2012 was due to the down economy and business cycles. If the economy perks back up, the program paid for itself. Of course, it's hard to sell that idea to a nation of people who hear nothing but negativity from the media.

    September 7, 2011 at 5:37 pm |
  248. Kevin SD CA

    Let’s take it out of Obama’s pockets, and tax everything he makes for the rest of his life at 50-75% of his profits.

    We need a special assessment tax assessed on anyone who agrees with these Socialist, Keynesian economic concepts of economy! Staring with Warren Buffet, and George Soros!

    September 7, 2011 at 5:37 pm |
  249. Phil Y

    This is a trick question. We can not spend 300 billion dollars because there is no way to pay for it. Until the ya-hoos in Washington understand that we have serious financial problems which means business as usual will not work we are doomed. Our country is broke and just like our home budgets, we have to make cuts no matter how much it hurts. We need to do what is right for the country, meaning tax reform, entitlement cuts, cuts in defense and some kind of revenue producer. This may even mean raising taxes, for everyone! I am so tried of either hearing tax cuts for companies and the rich which adds to the deficit or stimulus which add to the deficit. No one is sacrificing like the American people are. Maybe it is time to move to another country because Congress does not get it! I know one thing, if Congress does not make some critical decisions in the next couple of months, voting will be easy, I will not vote for anyone that is holding office now. They do not represent us.

    September 7, 2011 at 5:37 pm |
  250. Becky from California

    I dont care how it's paid for. I need to get a job so i can pay my credit cards.
    The credit card companies dont ask me how i got the money. From middle
    class to becoming poor and bankrupt. Jack if you didnt have a job would
    you care how the president is going to pay for jobs? At least the president
    is trying and a commentator like you is just being smug.

    September 7, 2011 at 5:37 pm |
  251. GoldenGate

    Cut some more corporate welfare. They are sitting on billions and don't need it. And this time make sure these are actually USEFUL projects. In my town a street with no potholes was paved with money from the last stimulus. What a waste of money. In my life I have been in many public buildings all over the county with the initials WPA stamped on them. There won't be any buildings from the first stimulus.

    September 7, 2011 at 5:37 pm |
  252. al

    sloved – because the congress work's for the people ALL lobies money that is given to them from lobies go right to the national debt!!!

    September 7, 2011 at 5:38 pm |
  253. Cee.La

    We should pay for it by revising th tax code, and taxing all corporations that send jobs overseas at a far greater rate than those that actually give a darn about this country and its people.....and keep the jobs here......we have corporations that are making tremendous profits while America burns, go figure....we ar egoing to have to revisit SS, Medicare, Medicaid..... but he has to have the Congress Co-operation meaning the House Reps/Tp,s, and they are NOT going to go for any of it.......Do you get it Jack........we are in gridlock.....Repubs want OBama and the rest of us to fail......

    September 7, 2011 at 5:39 pm |
  254. lou

    Pretty simple overall solution: You tie corporate taxes to the national unemployment rate. When unemployment is high, corporations aren't producing jobs so that extra money goes to a national bank that funnels it to cities for job creating infrastructure project. But when corporations decide to get off their stashes of cash and put people back to work, their tax rates go down with the unemployment numbers. At 3% they pay no corporate taxes. They wouldn't need to if we had a work force fully employed paying into the system.

    September 7, 2011 at 5:40 pm |
  255. Tom from Virginia

    The president is calling for more debt to protect teachers/government workers. Why not ask the union leaders if they're willing to reduce union dues to help the economy?

    September 7, 2011 at 5:40 pm |
  256. Johnny in Chicago

    Simple- Obama needs to state the opposite of how he thinks we should pay for it, Boehner and friends disagree with it no matter what he says, thus we can now pass through something logical and we finally have "Change we can believe in" and the country moving forward. Either that or stop wasting money on 18 month long election cycles!

    September 7, 2011 at 5:40 pm |
  257. dennis in pa.

    sell airforce one,two and all the rest! while your at it the white house as well. then sublet government buildings. have a great big nationwide yard sale! or we can just have the republicans stop him wait until moving day{1-20-2013} to fix what he screwed up!

    September 7, 2011 at 5:40 pm |
  258. Becker

    We have already rode Obama's model of government spending into to the ground and it is not working. We do not need to spend another dime.

    September 7, 2011 at 5:40 pm |
  259. bill klages

    According to Forbes research, in 2010, the top 400 wealthy Americans gained in wealth & income.....$1.2 Trillion. Is Congress certain that they are paying their fair share?
    With auto assembly workers in The Peoples Republic of China making between $1.50 to $2.50 us per hour, do we think good jobs are going to improve soon.

    September 7, 2011 at 5:40 pm |
  260. richard coarsegold ca.

    how to pay for jobs program / very easy eliminate 20 trillion dollars in foreign perps and free money / pay for jobs program and use the rest of the money to pay off national debt / by the way if there is any money left you might consider giving senior citizens a little raise ( haven't had one in two yrs.) to offset the inflation that we dont have

    September 7, 2011 at 5:41 pm |
  261. a Legal Alien in Denver

    The government can pay for anything it wants. It is the monopoly supplier of its own fiat currency. It's long past time the deficit-spending-is-bad fallacy was corrected in a media which has facilitated economic fear-mongering, mainly from one side of the political debate. Not only is deficit spending not inherently bad, it is in fact the only way the US economy can grow. The US does not have a solvency or liquidity problem. It has a political problem. The great irony of the current debate is that it is those complaining loudest about the economic situation who are driving the country into the actions that will guarantee the very result they seek to avoid.

    September 7, 2011 at 5:41 pm |
  262. Mel

    Obama once again wants to bail out his union friends. The first stimulus was bogged down with the same thing, protecting union and government workers. There was nothing in there to create jobs. I am an Independent and voted for Obama the first time but have learned my lesson but then again anything was better then Dufus Bush. The Republican have lined up candidates that are just as big as losers as Obama is.

    September 7, 2011 at 5:41 pm |
  263. Joe M

    All you loser libs want to do is take from the rich! How about getting your own jobs!?? Oh, wait, your hero has made it almost impossible to find one. Obamacare is making any job hiring company think twice! 2012 will be a landslide!

    September 7, 2011 at 5:41 pm |
  264. Ken Alpine, CA

    Legalize Marijuana Nationally and use the tax revenues.

    September 7, 2011 at 5:42 pm |
  265. larry loebig

    New programs need to be paid for by new taxes. Anything new needs to have a tax associated with it.

    We also need to start the cut for current spending. By a certain date we either institute across the board cuts or the govt comes up with an itemized negotiated plan.

    It's not either or its do both now.

    September 7, 2011 at 5:43 pm |
  266. lance

    I would donate my entire 2012 campaign fund to start. Then I would I would demand all of congress to do the same. I wonder how many billions of dollars that makes. I'll bet that would pay for the diluted jobs plan that does nothing.

    September 7, 2011 at 5:43 pm |
  267. Kerry Bedford, TX

    The economy will not turn around unless business can make a profit by hiring U.S. citizens. Bottom line, that isn't going to happen while the unions are in power, they have priced the average American worker out of the market with unrealistic expectations of what they can expect in this market today.

    September 7, 2011 at 5:43 pm |
  268. Marc for freedom

    We can't pay for it. They only pay lip service to free-markets, when they actually mean interventionism. Only the market place in the form of consumer purchases can decide what jobs need to be created. To think government knows where jobs need to be created is a laugh. Government thought intervention into the housing market was good for people, it brought the world financial crisis. If the government took their hands off let the markets correct, let the consumers decide where businesses should redirect their capital will fix the economy faster than government intervention. Take a look at the first time buyer tax credit all it did is delay the markets correction of housing prices and the markets are still trying to correct the credit expansion and inflationary measures. More inflation, credit expansion, taxes, will only delay the market correction. Quit the government intervention and return to free-market policies and watch how quickly this bubble will correct itself.

    September 7, 2011 at 5:43 pm |
  269. Robert Edwards

    Fund it only to the extent the President is willing to take it out of his own salary and the salaries of the czars.


    September 7, 2011 at 5:44 pm |
  270. Mary

    Excluding combat vets benefits, take it from Defense. We do not need huge standing armies, or great numbers of ships. Special Ops should be our focus. The President cannot create jobs, he, in truth only creates the climate for the private sector to act. But without Congress getting on the job, the President is sunk. In my opinion, the Tea Party is a huge wrecking ball and its mission is to ruin this dear country with its contrarial attitude

    September 7, 2011 at 5:44 pm |
  271. William J. Hornby

    Firste, the current plan is too small. The federal governemnt is the hope of last resort to expand our economy. We can not pay our current debt load without expanding our economy and there are no large corporations stepping up to take the lead. As in the great depression, bold ideas must take shape: build new trans-continental railways, expand trading with our central and sout american neighbors to build a grand western hemisphere trading block. We must re-establish our manufacturing base and make Made in the USA the desire of world once again.
    If we do not expand oour economy through near term ferderal government intervention, we will not be able to pay our present bills let alone our expenses of the future.

    September 7, 2011 at 5:45 pm |