The Leader's Ledger

Posted by Brian Patrick on

Good morning, 

House Republicans have been focused on finding common ground with the President and Senate Democrats to create an environment for growth and get people back to work. Ironically, yesterday Majority Leader Reid – who is currently sitting on 15 bipartisan House-passed jobs bills – said Republicans “don't want to do anything that's constructive.” As the Washington Post Fact Checker points out, “Reid may disagree with the GOP stance on tax increases, but it is misleading to suggest that Republicans have willy-nilly blocked legislation of importance to the president.” If President Obama is as serious about finding areas of cooperation as he claims, he should tell Senate Majority Leader Reid to stop playing political games and take up these bipartisan jobs bills today.

Today In History: In 1977, in the sixth game of the World Series against the Los Angeles Dodgers, New York Yankees outfielder Reggie Jackson, known as Mr. October, hits three home runs in a row off of three consecutive pitches from three different pitchers.

Birthdays: Rep. Dennis Ross, Lindsey Vonn, Mike Ditka, Peter Boyle, Chuck Berry, Jean-Claude Van Damme, and Wynton Marsalis

Here is what’s in today’s Ledger ...

State Of Play: Reid Misleads On Jobs, Refuses To Act On 15 House Passed Bipartisan Jobs Bills

WaPo: Harry Reid Gets It Wrong On Jobs, Major Bills The President Has Called For Have Been Passed With Bipartisan Support. Reid is being uncharitable when he accuses the Republicans of not wanting “to do anything that's constructive.” ... the fact is that a number of major bills demanded by the president have passed with bipartisan support. The individual elements of Obama’s jobs bill have, at best, won a modicum of Republican support in the past but Republican opposition to this bill is rooted in a key philosophical difference — how it would be paid for. Reid may disagree with the GOP stance on tax increases, but it is misleading to suggest that Republicans have willy-nilly blocked legislation of importance to the president. The Washington Post

  • Examples Of Major Legislation That Has Passed With Bipartisan Support: Free Trade Agreements, TAA, Patent Reform, FAA Extension and Highway Funding

Paging Leader Reid: House Republicans Have Sent 15 Bipartisan Jobs Bills To The Senate – When Will The Senate Act?

  • Rep. Robert Hurt Op-ed: It’s Time For The Senate To Act On House-Passed Jobs Bills. Earlier this year, the House put forth a commonsense jobs plan – ‘A Plan for America’s Job Creators’ – that would empower our entrepreneurs and small businesses and return certainty to the marketplace by implementing policies that would reduce unnecessary regulations, increase our domestic energy supply, cut government spending, and keep taxes low. ... Despite the fact that many of these measures passed with bipartisan support and that the House has worked across the aisle to find areas of common ground to pass these and several other pieces of legislation that would give our true job creators the freedom and opportunity necessary to expand their businesses and put people back to work, nearly all of these House-passed jobs bills sit stalled in the Senate. Solving our unemployment crisis should not be a partisan issue. While we may have different approaches to job creation, the House’s jobs agenda includes many proposals that transcend party lines. The House has made every effort to outline the several areas of agreement where both parties and the President can work together to produce results for 5th District Virginians and all Americans. It is my hope that as the President visits the Commonwealth today, he will listen to the people and urge the Senate to vote on the House jobs bills that would get America working again. Danville Register and Bee

More Bipartisan Opposition? Tester, Nelson Not Sold On Senate Dems & President Obama's Latest Proposal. Sens. Ben Nelson of Nebraska and Jon Tester of Montana were the only two Democrats who voted last week to filibuster President Barack Obama’s $447 billion American Jobs Act. And they’re not yet sold on their party’s latest idea: Breaking off $35 billion from that plan for states and localities to hire teachers and first-responders. “If I didn’t think much of it on the one thing, you’ve got to assume that I won’t think much of it for something else,” Nelson told POLITICO on Monday evening. “I don’t think you increase taxes for new spending.” Tester said he wasn’t as concerned about the 0.5 percent surtax on families making more than $1 million to pay for the $35 billion plan. But he was unsure whether the new spending proposals would actually create more jobs. “I’ve got more of a concern about a state aid package and what it’s going to do and how the money is going to spent and whether it’s really going to create jobs,” he said Monday. Politico


State Of Play (2): President Obama Comes To Virginia, Democrats Run For Cover

Virginia Democrats Scramble To Cut Ties With President Obama. Three years ago, Democrats in Virginia couldn’t get enough of Barack Obama — a popular, transformational figure running for his first term as president. But as Obama arrives in Virginia Tuesday for a two-day swing to promote parts of his jobs plan, some Democrats are distancing themselves from him — even in supposedly blue Northern Virginia. Less than a month before critical legislative elections, several Democratic legislators say they have reservations about the president and will not commit to supporting him next year. At least one longtime state senator has announced he will not vote for Obama in 2012. “He’s frustrating me, just like he’s frustrating others out there,’’ said Sen. Linda T. “Toddy” Puller, a Democrat who faces Republican Jeff Frederick in a tough reelection campaign in Fairfax and Prince William counties. The Washington Post

Even Former DNC Chair Tim Kaine Doesn’t Want To Be Seen With President Obama. Don't look for Democrats in fiercely contested Virginia legislative elections to join President Barack Obama as he brings his campaign-style American Jobs Act bus tour to three cities there. For that matter, don't expect Tim Kaine, the former Democratic National Committee chairman and Virginia's governor two years ago, to join his old ally either. The Associated Press


The Road Ahead: Republicans Continue To Focus On Pro-Growth Measure

Bipartisan Job Creation Measure May Be Derailed By Senator Schumer’s Attempt To Link It To The Politically Divisive Infrastructure Bank. House Majority Leader Eric Cantor (R-Va.) and Senate Democratic Conference Vice Chairman Charles Schumer (N.Y.) don't agree on much, but both are leading the charge, each in his own way, for companies to get a tax holiday on overseas profits. As House Majority Leader, Cantor has vocally and repeatedly pushed a tax holiday that is gaining momentum on both sides of the aisle. Schumer is quietly crafting a bill with Sen. Mark Kirk (R-Ill.) to pair a holiday with an infrastructure bank, which has strong support from many Democrats. ... Even if a bipartisan majority emerges to back the holiday, partisan splits could derail it. Schumer's plan to link the idea to an infrastructure bank may add even more to the deficit — and Schumer is also expected to include Davis-Bacon labor rules, a policy prized by unions but anathema to many in the GOP. Cantor spokeswoman Laena Fallon said the repatriation issue should stand on its own. It should not be tied "to politically divisive things," she said, referring to Schumer's plan. "Rather than attaching unrelated proposals to score political points ... let's get something done," Fallon added. Roll Call

H-1B Visa Reform Is A Pro-Growth Step That America Should Embrace. There is undoubtedly a need for better solutions to control illegal immigration, but in the meantime, changes in the laws for legal immigrants that would shift the focus away from granting visas based on family ties and toward a system based on employer demand is a pro-growth step that we should embrace. Immigrants’ productivity raises the U.S. GDP by an estimated $37 billion per year, and with the baby-boomer generation retiring by the thousands every day, highly skilled workers who contribute to innovation are the right choice for America. National Review


Keeping Tabs

Upton, Stearns: What Does The Administration Have To Hide? Two Republican congressional leaders — House Energy and Commerce Committee Chairman Fred Upton, R-Mich., and Oversight and Investigations Subcommittee Chairman Cliff Stearns, R-Fla. – criticized the White House today for turning down an Oct. 5 request for “(a)ll communications among White House staff and officials relating to the $535 million loan guarantee to Solyndra by the Department of Energy between Jan. 20,2009, and the present.” “What is the White House trying to hide?” Upton and Stearns asked in a joint statement. “Since day one of the Solyndra investigation, the Obama administration has fought us tooth and nail, even forcing us to subpoena documents from [Office of Management and Budget]. Along the way, they have repeatedly claimed there’s nothing to see and no wrongdoing to uncover, but the facts have proven we are on the right trail. For an administration that campaigned and governs under the banner of transparency, such an overt refusal to share emails directly relevant to an ongoing investigation is deeply troubling.” ABC News

House Dem: President Obama’s Housing Plan Is A Fraud. Rep. Dennis Cardoza, D-Calif., cochairman of the Congressional Task Force on Housing Stabilization, said that he is fed up and is distancing himself from Obama because of it. “The president simply ignores the issue,” Cardoza said in an interview on Friday. “That is why you are having this frustration. That is why Democrats are doing the unthinkable and openly criticizing a president of their own party in an election year.” ... “It’s nonexistent,” Cardoza said of the president’s plan. “He’s perpetrating a fraud on the American people by standing up in a joint session of Congress and saying he’s going to have this proposal to allow them to refinance. No. 1, there is no proposal; and No. 2, the proposal wouldn’t even come close to dealing with what they said they were going to do.” More than two dozen House Democrats, including Reps. Elijah Cummings of Maryland; Marcy Kaptur of Ohio; and California’s Barbara Lee, George Miller, and Zoe Lofgren, signed on to a letter Cardoza penned to Obama that requested a meeting with the administration’s housing-policy coordinator. It also urged him to replace DeMarco. National Journal

The Starbucks Small Business Jobs Plan. Here’s the idea they came up with: Americans themselves would start lending to small businesses, with Starbucks serving as the middleman. Starbucks would find financial institutions willing to loan to small businesses. Starbucks customers would be able to donate money to the effort when they bought their coffee. Those who gave $5 or more would get a red-white-and-blue wristband, which Schultz labeled “Indivisible.” “We are hoping it will bring back pride in the American dream,” he says. The tag line will read: “Americans Helping Americans.” It didn’t take long for Starbucks to find the perfect financial partner: Community Development Financial Institutions, or CDFIs. These are lenders, mostly under the radar, that specialize in underserved communities. Most, but not all, CDFIs are nonprofit, and their loan default rates are extremely low. “We specialize in expending credit, getting paid back, and paying back our investors,” says Mark Pinsky, whose organization, Opportunity Finance Network, acts as an umbrella group to the best of them. The New York Times





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