The Leader's Ledger

Posted by Brian Patrick on

Good morning,

Ahead of the jobs report tomorrow, House Republicans continue to focus on ways to improve economic growth, help small businesses, and get people back to work. This week we are considering four jobs bills that – by the end of the week – will bring the tally of House-passed bipartisan jobs bills sitting in the Senate up to 25. Today, the House will vote on the Regulatory Flexibility Act to assess the impact of pending regulations on our nation’s small businesses prior to implementation. Small businesses owners generate a majority of the new jobs in our country. Right now, small businesses owners say complying with burdensome regulations is the most important problem their businesses face, which is why we are doing everything we can to help them to expand and begin creating jobs. Instead of holding show-votes in the Senate, Harry Reid and his party need to work with the House on legislation that will help get people back to work.

Today In History: In 1913, Henry Ford installs the first moving assembly line for the mass production of an entire automobile. His innovation reduced the time it took to build a car from more than 12 hours to two hours and 30 minutes.

Birthdays: Jared Fogle, Sarah Silverman, Richard Pryor, Lee Trevino, Woody Allen and Susan Collins

Here is what’s in today’s Ledger …

State Of Play: Republicans Don’t Believe In Raising Taxes On Anyone

Cantor On Payroll Tax Cut: “Everyone Should Support It, and We’ll Find Ways To Pay For It.” Majority Leader Eric Cantor (R-Va.) told attendees of the party meeting that Republicans don’t believe in raising taxes on anyone, voicing full-throated support for extending the payroll tax holiday. “Everyone should support it, and we’ll find ways to pay for it,” Cantor said, according to an aide present. Cantor told his colleagues that taxes are a Republican issue, and it goes against party orthodoxy to raise taxes on families to fund a larger government. Politico


State Of Play (2): House Passes Another Bipartisan Jobs Bill, Protects Workers’ Rights

House Passes Chairman Kline’s NLRB Jobs Bill To Protect Workers’ Rights. The House of Representatives passed Rep. John Kline’s bill overturning a recent ruling from the National Labor Relations Board on Wednesday. Kline’s bill overturns a June ruling that allows union elections to take place 10 days after employees call for them. The bill is part of the House Republican jobs agenda revolving around removing government regulations to provide stability for the private sector. Like most pieces of that agenda, Kline’s bill passed on a nearly party-line vote, 235 to 188, and the bill is likely to never reach the Senate floor for consideration. The legislation requires 35 days to pass before a union election can take place. Republicans say the bill makes it easier for employers to present their case against unionization and employees to learn as much as they can before casting a vote either way. “The board’s scheme isn’t about modernizing the election process,” Kline said. “This is a draconian effort to stifle employer speech and ambush workers with a union election. Less debate, less information, and less opposition — that is Big Labor’s approach to workers’ free choice and it is being rapidly implemented by the activist NLRB.” MinnPost

Leader Cantor On Reigning In The Job Destroying Labor Board and Protect Workers’ Rights. “I am focused on repealing the regulations that are hindering economic growth and preventing businesses from creating jobs. The passage of this bill will improve the environment for job creation by preventing the Obama Administration’s activist National Labor Relations Board from enacting regulations that would increase costs on businesses and make it harder for them to grow. I thank Chairman Kline for sponsoring this legislation to keep long-standing protections in place for our workforce.” Press Release


The Road Ahead

Leader Cantor Works The Capitol In Search Of Common Ground For Year End Measures. House Majority Leader Eric Cantor is quietly working both sides of the Capitol to build support for a plan … with a wide range of critical year-end tax and spending measures. What it amounts to is a major year-end pitch: Democrats and President Barack Obama would get their much sought-after payroll tax cut extension and jobless benefits, while Republicans would tweak the Pentagon cuts that defense hawks hate. … Cantor has spoken to senators from both parties — including a Thanksgiving morning phone call to the Stamford, Conn., home of Sen. Joe Lieberman — as he gauges support for a potential package that would include up to $133 billion in spending cuts in exchange for delaying the first year of slashes to defense and nondefense programs slated to begin in 2013. That package could also include a reform and a yearlong extension of jobless benefits, a payroll tax break and the Medicare reimbursement rate for physicians. Cantor has also reached out to the likes of Sens. Lindsey Graham (R-S.C.), Jim Webb (D-Va.) and Marco Rubio (R-Fla.). Brad Dayspring, Cantor’s spokesman, said Cantor “continues to talk to House and Senate members from both sides of the aisle in an effort find common ground on these important issues.” Politico


Senate Side: Senator Brown Calls On Senate Dems To Follow The House’s Lead To Boost Job Creation and Investment By Voting On Crowdfunding

Senator Scott Brown: Creating A Nation of Venture Capitalists Through Crowdfunding. Have you ever wished that you had somehow invested in Facebook, Twitter, or Google before those companies became billion-dollar brands, back when they were first getting started? The sad truth is that under our current laws, you never even had the chance. … To bring the SEC up to internet speed and give Americans a better shot at competing in the global marketplace, I recently filed “crowdfunding” legislation – The Democratizing Access to Capital Act — which would allow small companies to offer shares of stock directly to ordinary investors through established and vetted peer-to-peer platforms. “Crowdfunding” is just a new term for an old idea: offering small-dollar investors the chance to invest in new ideas. … In addition to my bill currently before the Senate, President Obama, the SEC, and an overwhelming majority of the House are now in support of legalizing crowdfunding. In fact, a crowdfunding bill passed the House on November 3, 2011, by a vote of 407-17—a rare showing of bipartisanship for Congress. Now it’s up to Senate leadership to listen to America’s communities of investors and entrepreneurs. With the will power to push forward and a few votes, Congress can equip the best and brightest in America with a powerful tool and transform the age of apps and startups into something even more revolutionary. Wired

Reminder: The House has sent over 20 Bipartisan jobs bills to the Senate. Yet Senator Reid hasn’t acted. When will Senator Reid take up the bills?


The Economy: Obamanomics At Work

President Obama’s Failure To Put Forward A Pro-Growth Agenda Has Lead To Anemic Hiring Conditions That Are Too Weak To Lower Unemployment Below 9%. The Federal Reserve said on Wednesday the U.S. economy grew moderately in recent weeks but said hiring remained anemic and housing activity impaired. … For now, the report confirmed a long-standing trend in the recovery: the expansion remains firmly in place, but underlying conditions are too weak to bring down a 9 percent jobless rate. "Overall economic activity increased at a slow to moderate pace since the previous report across all Federal Reserve Districts except St. Louis, which reported a decline in economic activity," the Fed said in a statement. Reuters

Jobless Claims Unexpectedly Rise. More Americans than forecast filed applications for unemployment benefits during the holiday- shortened week, signaling limited recovery in the labor market. Jobless claims climbed by 6,000 to 402,000 in the week ended Nov. 26 that included the Thanksgiving holiday, Labor Department figures showed today in Washington. The median forecast of 43 economists in a Bloomberg News survey called for a drop to 390,000. Bloomberg

Underemployment Continues To Rise. Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.2% in November, as measured by Gallup without seasonal adjustment. That is up from 17.8% a month ago and 17.2% a year ago. Gallup


Israel: President Obama Claims He Has Done More For The Security Of Israel Than Any Other President, But His Record Tells A Different Story

President Obama Discussing Israel Last Night: “I try not to pat myself too much on the back, but this administration has done more in terms of the security of the state of Israel than any previous administration." Politico’s Playbook

May 2011: Majority Leader Cantor On President Obama’s Leadership On Israel. “I strongly disagree with the President on the notion that somehow the '67 lines should be a starting point for any discussion having to do with the Arab-Israeli conflict. I think that the prior Administration had said all along that the '67 lines really don't reflect realities on the ground, and that's one of the reasons why I disagree with it. I also think that the fundamental problem in the Arab-Israeli conflict is that you have parties around Israel that frankly refuse to recognize its right to exist as a Jewish state. And until that recognition is there, it's very difficult to see how Israel can accomplish any lasting peace." CNN

March 2011: Concessions The Administration Has Called For Endangers Israel’s Security. “The Administration has called on Israel to make sweeping concessions that I believe will endanger its security, but it doesn’t seem to demand similar from the Palestinians. That’s why I support bipartisan efforts in the House and Senate that call on the White House to put an end to anti-Israel incitement in the Palestinian territories. No matter how much we desire Mideast peace, it will remain a pipe dream so long as Palestinian culture makes martyrs of terrorists who target innocents.” Press Release

October 2010: The Administration Continues To Send Mixed Signals On Israel. “There’s no question there are mixed signals coming out of the policies furthered by this administration,” Cantor said, adding, “They’ve yet to acknowledge the right of the Jewish state to exist ... We need to send a signal to our allies in Israel that they can count on us to stand up for human rights.” The Daily Beast


Committee Check

House Energy & Commerce Committee Approves The Farm Dust Regulation Prevention Act 33- 16. The legislation is currently co-sponsored by over 115 Republicans and Democrats. The bill is needed to protect America’s farmers, ranchers, and rural businesses from continued uncertainty around the current and future regulation of rural dust. Specifically, it prevents EPA from changing its current standard for coarse particulate matter for one year and exempts “nuisance dust” from federal regulation where such dust is already regulated under state, tribal, or local law.

Chairman Upton: “H.R. 1633 achieves two important goals: regulatory certainty in the short term, and common sense for rural America in the long-term. The bill maintains the current coarse particulate matter standard for one year – a position Lisa Jackson has embraced with her plans to propose maintaining the standard – and it offers regulatory relief to rural America by recognizing that states and local communities are better equipped to monitor and control farm dust. EPA would no longer be in the business of regulating rural dust except in cases where it is not already being regulated and the benefits of EPA regulation outweigh the costs,” said Upton. Release

Rep. Robert Hurt: “I am pleased to see the Farm Dust Regulation Prevention Act (H.R. 1633) has been favorably reported out of the Energy & Commerce Committee and will now be considered by the full House for a vote. This bipartisan legislation provides us with a step forward in getting our economy back on track by providing immediate relief to farmers and rural areas through preventing more stringent dust standards from being implemented by the Environmental Protection Agency (EPA). With far too many 5th District Virginians out of work, we must put an end to the uncertainty caused by unnecessary and overreaching regulations on our small business owners and farmers, so that we may create an economic environment that encourages expansion and innovation and allows for our job creators to hire and grow. I was glad to see this bill was reported from Committee favorably, and I look forward to its consideration by the full House of Representatives as we continue to put forth commonsense measures to reduce regulatory burdens and get Americans back to work.” Release

House Committee Votes To Repeal ObamaCare’s CLASS Program. Acting with bipartisan support, a House committee Wednesday voted to repeal the CLASS Act, part of President Obama’s health care law that the administration has said is unsustainable, but also said it didn’t want to see ended entirely. Three conservative-leaning Democrats - Reps. Mike Ross of Arkansas, Jim Matheson of Utah and John Barrow of Georgia - broke with their party to support the repeal, which passed the committee 33-17. … “I believe we have to start over on long-term care reform - an issue that will affect millions of Americans as they or a loved one need care,” said Rep. Fred Upton, Michigan Republican and chairman of the House Energy and Commerce Committee. “But first, we must erase a program that we know will not work; a program that was never structured to work, and that we could never afford.” The Washington Times





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