WASHINGTON (AP) - President Barack Obama's jobs bill appears likely to fail a test vote in the Senate today. Republicans oppose its spending components and its tax surcharge on millionaires.
The White House cites economists like Mark Zandi of Moody's Analytics, who predicts that the measure would add 2 percentage points of growth to the economy, add 1.9 million payroll jobs and reduce unemployment by a percentage point.
Republicans say the proposal would be another expensive failure in stimulus spending.
Obama will be in Pittsburgh today, where his jobs council releases its recommendations to put more people back to work.
- Binyamin Appelbaum, New York Times
This segment aired on October 11, 2011.