Washington, D.C. — After zero net job gains in August, as reported by the Labor Department last week, the need for a plan that helps put the country on a better track is paramount. Presidential hopeful Gov. Mitt Romney will release a jobs plan today focusing on reducing corporate taxes and regulations for companies making record profits. His plan will not create jobs; in fact, it would be a return to policies that create the environment for job losses.
At the same time, the Special Joint Committee created by the debt deal must also create a plan to find $1.5 trillion in deficit reduction and aid American workers and families who continue to face a stagnant 9.1 percent unemployment rate and an ailing economy.
Today, the Center for American Progress Action Fund will provide analysis of Romney’s economic plan and release “Recommendations for the Special Joint Committee on Deficit Reduction: The Criteria Any Deficit Plan Must Meet and a Recommendation that Does So,” offering four criteria essential to the committee’s recommendations and a plan to achieve deficit reduction and create jobs.
This issue brief proposes that the Special Joint Committee focus on meeting the following four criteria:
- Achieve at least $1.2 trillion in deficit reduction but not more than $1.5 trillion in order to avoid the triggered cuts.
- Include significant job creation as part of the total package.
- Protect Medicare, Medicaid, and Social Security beneficiaries.
- Avoid dangerous cuts to discretionary spending, both nondefense and defense.
Please join CAP Action’s Michael Ettlinger, Vice President for Economic Policy, and David Madland, Director of the American Worker Project, on a press call to discuss Romney’s economic plan and credible recommendations to the debt deal’s Special Joint Committee to make substantial progress toward stronger economic growth and job creation.
See Fact Check on Romney’s USA Today op-ed here.
To listen to this press call, click here.
What:
Press call to discuss Romney’s economic plan and make credible recommendations to the debt deal’s Special Joint Committee to make substantial progress toward stronger economic growth and job creation.
Who:
Michael Ettlinger, Vice President for Economic Policy
David Madland, Director of American Worker Project
When:
TODAY, Tuesday, September 6, 2011, at 2:00 p.m. EST
Call info: 877.210.8943
Conference ID: 97996773
RSVP:
Please contact Laura Pereyra at [email protected] or 202.203.8689.
**Please note that this call will be recorded. By participating in the call, you consent to be recorded.**
###