Saturday, November 5, 2011

Chart: Super Committee Dems, GOP Differ On Jobs

As noted previously, the deficit Super Committee is gridlocked largely because the GOP is unwilling to accept higher taxes on wealthy people as part of a compromise with Democrats that also cuts Medicare, Medicaid and Social Security. But the parties also differ on the question of whether their recommendations should include any near term spending and/or tax cuts to give the weak economy a much-needed boost.

Recently committee Republicans and Democrats presented each other with competing plans — some details of which were leaked to the press. Aides note that the Dem plan contained about $300 billion in expansionary measures, while the GOP plan contained… well, see for yourself.

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