WASHINGTON (AP) — Congress and the White House face the choice of continued fighting or a shift toward bipartisan bargaining after the Senate voted to kill President Barack Obama's $447 billion jobs plan.
They're likely to do both as they seek to produce results sought by a discontented public while also drawing bright political lines for voters as the 2012 campaign heats up.
Obama's plan died at the hands of Senate Republicans on Tuesday, even though the president had been campaigning for it across the country for weeks. The $447 billion plan died on a 50-49 tally in the 100-member Senate, falling well short of the 60 votes needed to crack a filibuster by Republicans opposed to its stimulus-style spending and tax surcharge for the very wealthy.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.