{"id":660,"date":"2011-10-12T06:21:00","date_gmt":"2011-10-12T10:21:00","guid":{"rendered":"http:\/\/therationalprogressive.com\/cms\/?p=660"},"modified":"2011-10-12T06:21:00","modified_gmt":"2011-10-12T10:21:00","slug":"millionaire-tax-would-pay-for-obama-jobs-bill-cbo-says-oct-7-2011","status":"publish","type":"post","link":"http:\/\/therationalprogressive.com\/cms\/2011\/10\/millionaire-tax-would-pay-for-obama-jobs-bill-cbo-says-oct-7-2011\/","title":{"rendered":"Millionaire tax would pay for Obama jobs bill, CBO says – Oct. 7, 2011"},"content":{"rendered":"

The Democrats’ proposed tax on millionaires would raise an estimated $453 billion, more than enough to pay for President Obama’s jobs bill.<\/p>\n

That’s the latest from the Congressional Budget Office, which on Friday released its cost and revenue estimates for the American Jobs Act of 2011.<\/p>\n

The bill calls for $447 billion in new and extended tax cuts along with additional spending on infrastructure, jobs training and housing help among other things.<\/p>\n

On net, the legislation would reduce deficits by $6 billion over the next decade.<\/p>\n

via Millionaire tax would pay for Obama jobs bill, CBO says – Oct. 7, 2011<\/a>.<\/p>\n

 <\/p>\n

\n","protected":false},"excerpt":{"rendered":"

The Democrats’ proposed tax on millionaires would raise an estimated $453 billion, more than enough to pay for President Obama’s jobs bill. That’s the latest from the Congressional Budget Office, which on Friday released its cost and revenue estimates for the American Jobs Act of 2011. The bill calls for $447 billion in new and…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[19,16,20],"tags":[24,34,41,87],"_links":{"self":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/660"}],"collection":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/comments?post=660"}],"version-history":[{"count":1,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/660\/revisions"}],"predecessor-version":[{"id":661,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/660\/revisions\/661"}],"wp:attachment":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/media?parent=660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/categories?post=660"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/tags?post=660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}