In an apparent answer to the White House’s jobs proposal, Senate Republicans are planning to unveil what they call the “Real American Jobs Act.”
The bill lays out a distinctly conservative vision for the U.S. economy that would lower tax rates for individuals and businesses, pursue free trade, and roll back environmental regulations while expanding domestic energy production. To top it off, Republicans would seek to pass a balanced-budget amendment to the Constitution, Politico reports.Leading the charge are Sens. Rob Portman (R-OH), Rand Paul (R-KY) and John McCain (R-AZ). On Wednesday, Paul sounded a confident note, saying it was “unfair” for the White House to claim the GOP lacked a jobs plan.
“There is one, and we’re going to put it into legislation,” Paul told Politico.
But Politico notes that whether the bill is something Republicans genuinely support is not yet clear:
Moreover, some Republicans aren’t sure whether it will serve simply as a campaign manifesto to sharpen the party’s political messaging or whether it would be a serious attempt to find a solution to the economy when millions are out of work and the national debt is more than $14 trillion.