The HillTube

Obama pushes GOP to strike new jobs deal

ADVERTISEMENT
“If we’re going to break free of the same old arguments, where I propose an idea and Republicans say no just because it’s my idea, let me try offering something that serious people in both parties should be able to support,” Obama said at an Amazon.com warehouse in Chattanooga, Tenn., where he outlined his new offer: “A deal that simplifies the tax code for our businesses and creates good jobs with good wages for the middle-class folks who work at those businesses.”

GOP lawmakers, however, said the president was offering a bargain without any concessions and had essentially reneged on his past positions.

They stressed that the White House had, until recently, said that overhauling how businesses pay taxes should not raise fresh revenues, and chided Obama for shifting to the left on one of the few areas where Democrats and Republicans have found common ground.

The plan, Senate Minority Leader Mitch McConnell (R-Ky.) insisted, was “an unmistakable signal that the president has backed away from his campaign-era promise to corporate America that tax reform would be revenue-neutral to them.”

Read more on The Hill.