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10/12/11

US Economy: Obama jobs bill: Plan B after Sen. defeat

U.S. President Barack Obama moved to Plan B Wednesday after the Senate defeated his $447 billion jobs bill by refusing to let it come up for a vote.

The package of tax cuts and new spending was blocked Tuesday night by the chamber's Republican minority 50 to 49, 10 votes short of the 60 it needed to advance in the full 100-member Senate.
Two moderate Democrats facing difficult re-election campaigns, Ben Nelson of Nebraska and Jon Tester of Montana, joined Republicans, led by Minority Leader Mitch McConnell, R-Ky., in opposition.

For more: Obama jobs bill: Plan B after Sen. defeat - UPI.com

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