David Stockman Criticizes Obama's Jobs Plan, Other Economists Cheer

President Obama's $447 billion American Jobs Act is getting mostly solid marks from business experts and economists, who worry that a divided Congress may be unable to pass anything meaningful in time. The president's plan would eliminate payroll taxes for companies that add workers or increase wages of current workers, but that benefit is capped to the first $50 million in payroll increases. The plan has a $4,000 tax credit for employers who hire long-term unemployed workers, plus a "returning...Full Story
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