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McClatchy: “Centrist Democrats lukewarm on Obama’s new health plan” #healthcare #tcot

Amplify’d from www.miamiherald.com
Moderate congressional Democrats, a bloc that’s crucial to the fate of President Barack Obama’s renewed health care effort, offered only mild endorsements of his new plan Tuesday, while warning that it faces a difficult legislative path.

Because of Obama’s pending summit, virtually no Democrats wanted to criticize the president’s effort publicly, but it was clear that once the summit’s over, the White House faces political and substantive problems in getting a comprehensive package approved.

Many centrist Democrats face re-election in November in conservative states and districts, and Republicans are eagerly trying to use Democrats’ health care positions against them.

“House Republicans will continue to oppose any effort to use this so-called ’summit’ as a media preamble to forcing through ObamaCare 2.0,” said House Republican Conference Chairman Mike Pence of Indiana.Read more at www.miamiherald.com
 

Politico: Summit spin: Real effort or photo op? #healthcare #tcot

If we were talking about really starting over with a clean piece of paper, scrapping bills that passed the House and the Senate and also renouncing the abuse of the legislative process known as reconciliation, Republicans are ready to work. But what we can't help but feel like here is that the Democrats spell summit "s-e-t-u-p," and all this is going to be is som... read more

Amplify’d from dyn.politico.com
President Barack Obama has billed Thursday’s health care summit as a chance for lawmakers to “seek common ground” to solve a decades-old problem.

He doesn’t want political theater, he insists, but a serious effort to forge bipartisan consensus.

And yet Obama is unveiling a health care bill just days before the six-hour summit that wouldn’t require a single GOP vote, with plans to short-circuit the Senate rules and push it through without Republicans if necessary.

That’s left some Republicans angrily questioning whether the summit is a sham and even Democrats uncertain and noncommittal.
House Minority Leader John Boehner’s spokesman, Michael Steel, said that “it would be baldfaced hypocrisy to continue hammering out the latest partisan backroom deal while preparing for a ‘bipartisan’ summit.” Read more at dyn.politico.com
 

Washington Post: “Jobs Summit” Underscores Dilemma

Amplify’d from www.washingtonpost.com
Jobs summit underscores dilemma
OBAMA FACES TOUGH OPTIONS
With deficit soaring, role of private sector pushed
President Obama’s jobs summit was aimed at producing ideas to battle a surging unemployment problem exacting ever greater economic and political toll, but the event only highlighted the tough dilemma he confronts.
Obama says he does not have the money for the plan many of his liberal supporters say packs the biggest employment punch — direct federal investment in job creation. Instead, he came close to embracing a to-do list for the private sector that sounded rather familiar: weatherization, small-business incentives, regulatory and other help for exporters, and tax credits for employers who hire new workers.
Constrained by the staggering $1.4 trillion federal deficit, the president has been reluctant to endorse a specific job-creation plan, especially as about half of the $787 billion in stimulus funds remains unspent.Read more at www.washingtonpost.com
 

Newsweek: The Jobs Summit: Who Cares?

This summit is just a tacit admission that the economic policies of this administration and this Congress have failed.

Amplify’d from www.newsweek.com
The Jobs Summit: Who Cares?
A presidential confab to create jobs won’t work. Rethinking some of Obama’s policies might.
The White House jobs “summit” Thursday will try to revive employment growth, but it will be a hard slog. Job creation is fundamentally a private-sector process, and the private economy is experiencing a broad retreat from credit-driven spending. Mark Zandi of Moody’s Economy.com reports this astonishing figure: since last spring, the number of bank credit cards has dropped 100 million, about 25 percent. Banks are tightening credit standards (partly in reaction to new credit-card legislation designed to protect borrowers from rate increases) and consumers are canceling cards.
Companies hire mainly when they see greater demand for their products and believe that extra workers will generate higher profits. More jobs then elevate confidence and demand. But for now, the logic is running in reverse.Read more at www.newsweek.com