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Harry Reid Guarantees Obama’s Jobs Bill Will Lower Unemployment Rate – With Video



Oct 9, 2011 Comments Off Pat Dollard

The Daily Caller:

Democratic Senate Majority Leader Harry Reid told The Daily Caller that he guarantees President Barack Obama’s $447 billion jobs plan will lower the nation’s 9.1 percent unemployment rate if it becomes law.

http://dailycaller.com/2011/10/07/reid-guarantees-obama’s-jobs-bill-will-lower-9-1-unemployment-rate-video/

The third ranking Senate Democrat, Chuck Schumer of New York, has joined Reid in backing a 5 percent surtax on millionaires to pay for Obama’s jobs plan, which was unveiled during an address to a joint session of Congress last month. Schumer called the proposal “bold” and one of Obama’s “finest moments.”

The White House predicted that the $821 billion stimulus package — signed into law by the president in 2009 — would prevent the nation’s unemployment rate from rising above 8 percent. According to the Bureau of Labor Statistics, the nation added jobs this September, but the unemployment rate remains at 9.1 percent.