Senators Have a Choice: Create Jobs Or Shield Wealthy From Tiny Tax Increase

It’s probably safe to assume the latest jobs bill will die in the Senate, today or tomorrow, following the latest in a never-ending series of Republican filibusters. But it’s worth clarifying the nature of the choice facing lawmakers.

On the table is a plan that would save or create hundreds of thousands of jobs through state aid, boosting teachers, police officers, and firefighters. It would be paid for, not through the kind of deficit financing Republicans pushed in the Bush era, but with a 0.5% surtax on millionaires and billionaires.