House passes jobs bill to help small businesses
Bipartisan legislation met with criticism
- Duration 4:19
- Date Mar 9, 2012
Bipartisan legislation met with criticism
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All right back to our top story employers adding 227000.
Jobs in the month of February this report coming on the heels of a new jobs bill just passed by the House of Representatives that bill.
Getting bipartisan support to help small businesses.
Illinois congressman -- -- joins -- deputy Republican -- -- member of the house Ways and Means Committee congressman good to see you thanks for being with us.
Good to integrate and trimming -- how does this jump start start -- businesses.
Well there's two big things that are stopping businesses from hiring number one.
I certainly in the market people -- -- sir -- sure about.
What kind of regulations are going to be out there what kind of risk here and have to take second access to capital after the -- Barney Frank.
Dodd-Frank legislation passed.
It's been harder for businesses to get access to -- -- you talk to any employer in the country they're telling you capital formation is very difficult.
So this bill basically goes through chapter and verse deals with capital formation makes it easier for.
Businesses to be able to get capital white easing some of those regulations on local community banks that do most -- lending.
And it's why 390.
Congressman out of 435.
Voted for this -- it's common sense it makes sense why I answer that he'll look to see it is sort of dismiss it she called it a little package she didn't think there was much do it.
Well obviously she's trying to get back in the majority in her view of how to turn the economy around is radically different than ours we tried the Nancy Pelosi way the first two years President Obama was in office she basically got everything she wanted.
From the Dodd-Frank legislation to health care legislation.
To the passage of cap and trade in the house.
We know what was next the the card check unionization bill all of the thing us Nancy Pelosi was doing to turn the economy around the -- two years.
Her polo city you know.
What what was terrible so obviously she disagrees with us on what congress makes -- -- on the Christian Science Monitor data grant said this of this.
None of these provisions puts a shovel in an unemployed construction workers hand or cuts taxes.
To allow employers to have more money.
Isn't that true.
Well it is true but it's not a a construction jobs bill it's not an infrastructure Bill Self.
I'll give them that the house is working on trying to put together a highway bill I would mention to you.
That -- when Democrats controlled the entire process they advanced no infrastructure bill the only reason we're talking about any infrastructure for construction workers any any kind of investment and that is because the house is pushing it and trying to put something together that's paid for.
It doesn't cut taxes because every cat cut tax cut bill -- advance there's been thirty of them that have passed the house are sitting over in the senate.
Waiting for the senate to take action -- at some point you know I'm frustrated like they are in the sense -- I'd like to do more but we're still dealing with a very democratic controlled.
A liberal senate and president sure and this represents a broad bipartisan support of things that we all agree on that connection get done -- well you -- three times now said bipartisan and done and some skeptics will say and have said that look this is.
And promoted by your party so that you can argue during an election year that we're not a do nothing.
Congress that we do in fact pass bipartisan measures.
On and that's why they say it's really very little that the opposition party didn't oppose.
What he say that.
While -- yeah I -- she can't win for -- and you -- you do not then you're -- nothing congress you do something you're doing something just enough he would do nothing or is -- I came to congress to do like thanking congress it came to congress are trying fix this economy and turn things around.
-- affect matters the president is been a campaigner in chief he's attended more political functions than any president in in their entire four -- starting his first three years.
So while he's out there campaigning where to -- get something done.
And looking in your Republican president Republican senate we'll get a lot more done.
-- next year that can help businesses grow and spur job growth fair enough and you gave us a good laugh Aaron -- thanks for being with -- -- to -- -- -- -- -- --