Congress

Congress - 9/23/11 Current Events What is in the Obama jobs...

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9/23/11 1 Congress Chapter 6 Current Events } What is in the Obama jobs plan? } A big tax cut on hiring new workers and paying payroll taxes on existing workers. } This is the tax that employers pay for social security and medicare (it is shared between employees and employers) } Further tax cuts on expensing for businesses. } Various kinds of tax credits for businesses to encourage them to hire unemployed veterans. Current Events } $65 billion (goes directly to states) to modernize schools and prevent layoffs amongst teachers, firemen and police officers. } Further spending on transportation infrastructure ($60 billion). } $15 billion to rehabilitate neighborhoods with high foreclosure rates and vacant commercial buildings. } Expand wireless internet service throughout the US, primarily by reallocating bandwidth. } A bunch of changes to how unemployment insurance works. Employers would be able to receive money if they chose a work-sharing plan over layoffs. A mess of other stuff that supports job training, voluntary work, and etc. } Allow more people to refinance mortgages. Current Events } All told, a $447 billion package. } Will be paid for by: } A new minimum tax rate for those who earn more than $1 million a year (should align their tax rate with middle income payers). } The “Buffett Rule.” } Simplifying the tax code? } Changes of some sort in medicare and medicaid.
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9/23/11 2 Congress Overview } Was intended to be the most powerful branch of government. Congress is still very powerful, but the Presidency has grown in power over the past few decades. } Electoral Politics influence almost everything members of Congress do. } The majority party, through party leaders, directs and dominates the action in the House and (to a lesser extent) in the Senate. } The rules and organizational structures the House and Senate adopt have an important impact on policy making. } It is easier to stop things from happening than it is to make something happen. Qualifications } House } 25 years of age } 7 years of citizenship } Reside in the state they represent (not district) } Senate } 30 years of age } 9 years of citizenship } Reside in the state they represent Areas of Congressional Authority } House } Bills raising revenue (taxes) } Spending bills start here by tradition } Senate } Advice and consent on treaties } Confirming presidential appointments of ambassadors, justices, and members of the cabinet. The Electoral System } Two choices made by the Framers of the Constitution have profoundly affected the electoral politics of Congress: } Members of Congress and presidents are elected separately. } Members of Congress are elected from states and congressional districts by plurality vote – that is, whoever gets the most votes wins.
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9/23/11 3 The Electoral System } Representatives of the House serve 2 years. } All 435 seats are up for grabs in every election.
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This note was uploaded on 01/10/2012 for the course MIST 3000 taught by Professor Kim during the Fall '11 term at UGA.

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Congress - 9/23/11 Current Events What is in the Obama jobs...

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