POLITICS

John Boehner: Jobs Bill Requires Obama To Compromise

10/06/2011 10:39 am 10:39:53 | Updated Dec 06, 2011

WASHINGTON -- Speaker John Boehner's office is leading a new call for the president to compromise with House Republicans on pieces of his jobs bill, now that the bill in its entirety has been declared dead in the House of Representatives.

The speaker's office unveiled a graphic on Thursday stating that "all roads lead to nowhere for the president's job bill" unless the White House is willing to compromise on portions with the Republican-controlled House.

President Barack Obama repeatedly called in recent weeks for Congress to pass his $447 billion American Jobs Act, which the White House sent to Congress on Sept. 12.

But neither chamber has expressed much interest in passing the bill as is, with even the Democrat-controlled Senate announcing this week they will change the way the bill's spending is funded, targeting millionaires for a five percent tax increase rather than pegging the payment on broader tax increases on the wealthy and ending subsidies for big oil. Senate Democrats filed their modified jobs bill on Wednesday.

In the House, the bill is likely to be taken up in a piecemeal fashion -- if at all -- based on the few portions that Republicans and Democrats agree on. Majority Leader Eric Cantor (R-Va.) said on Monday the bill would not be voted on in its entirety.

"You know, this all-or-nothing approach is unreasonable," Cantor said when asked about Obama's push to pass the full bill. "There are many issues that I have listed here that we can work together on. So instead of continuing to maintain this sort of campaign posture, let's do something to work together."

The graphic released on Thursday is part of a call by House Republicans for Obama to compromise on his jobs bill. Boehner identified a few main areas of potential agreement in a September letter to his conference. Republicans may be willing to extend a 100 percent bonus depreciation for businesses, create tax incentives for hiring veterans, allocate some infrastructure funding, authorize unemployment insurance reforms and change a three percent withholding requirement for government contractors.

See the full graphic from Boehner's office below:
Boehner Plan to Pass Bill

Earlier on the Huffington Post:

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