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Thursday, September 02, 2010

The Ed Schultz Show broadcasts from 30 Rock in New York City!

Leo Gerard, President of the United Steelworkers International, joins the 1st hour of Thursday's show to discuss The One Nation Rally.

Brent Budowsky, columnist for The Hill, joins the 2nd hour of Thursday's show to discuss the midterm elections and what the Democrats can do to stop the Republicans.

Comedian and frequent ED Show contributor Lizz Winstead joins the 2nd hour of Thursday's show to discuss the insanity of the GOP.

President Barack Obama urged Israeli and Palestinian leaders on Wednesday not to let the chance for peace slip away, bringing them together for ceremonial handshakes at the White House. We'll give you the details.

Some of the most senior Democrats in conservative districts are facing what could be their most difficult races ever. We'll talk about it.

The Discovery Channel Hostage-taker, who was shot to death by police on Wednesday, said he did it because he hated the channel's programming. We'll bring you the latest.
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Senate Votes on $15 Billion Jobs Bill

Posted on 2/24/2010

The Senate votes on a $15 billion jobs bill on Wednesday.

The legislation is expected to pass after getting 62 votes on a procedural vote Monday.

Passage of the Senate bill was made possible by 5 GOP defections who supported the test vote.

The measure is the first of several jobs bills promised by Democrats.

Passage would give President Barack Obama and Majority Leader Harry Reid, D-NV, a victory.

Sen. Reid Comments
Sen Reid, "We have a jobs agenda, not a jobs bill."

Reid said. "We're going to have more votes, and create more jobs."

Sen. Menendez Comments
Sen. Robert Menendez, D-NJ, said, "Several of those ideas were Republican ideas, so it's nice to see that there are Republicans who are willing to not follow blindly their leadership in their overall goal of filibustering."

Bill Details
Companies that hire the unemployed would claim new tax breaks under the bill.

The proposal would exempt businesses hiring the unemployed from the 6.2 percent Social Security payroll tax through December and give them an additional $1,000 credit if new workers stay on the job a full year.

It would also extend federal highway programs through the end of the year and make a $20 billion cash deposit into the highway trust fund to make up for shortfalls from lower-than-anticipated gasoline tax revenues.

250,000 Jobs
The new hiring tax credit could spur about 250,000 new jobs, according to economist Mark Zandi of Moody's Economy.com.

Read the AP story

Read: Democrats hope bipartisan vote on jobs bill will be blueprint for future

Read: Democrats Seek to Push Ahead $15 Billion Jobs Bill, With More Steps to Come

Read: Senate jobs bill vote expected Wednesday



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