A close call for the jobs bill
On its face, the action of the freshman Republican Senator from Wisconsin was callously opportunistic. He was endangering passage of a bill that would extend unemployment benefits to jobless workers in 27 states and create an estimated 400,000 jobs. In behalf of the nation's well-heeled banking lobby, he hung an amendment on the jobs bill that would cancel the scheduled July 1 start of the withholding of 10% of income from interest and dividends. This is a reform designed to reduce tax cheating and raise nearly $11 billion in revenue in the next...
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