Jobs Bill Battle

Thursday, October 20, 2011 - 10:01am

The Senate may vote on the President's jobs bill and the rhetoric heats up.

Republicans argue millionaires create jobs, but they won't hire anyone if they're forced to pay Washington more.

Today the Senate may hold its first vote on President Obama's plan to give cash-strapped states 35 billion dollars to prevent layoffs of teachers, firefighters, police and other public workers.

On the road, he criticized the Republican alternative. "Dirtier air, dirtier water, fewer people on health care, less accountability on Wall Street -- that is not a jobs plan," said President Barack Obama, "Putting more teachers in the classroom -- that's a jobs plan."

Republicans say that's just a temporary fix. "There's nothing temporary about your house burning to the ground because your fire department has been denuded and they can't get a truck to you in time," said Vice President Joe Biden.

Democrats would pay for the grants with a half-percent tax on millionaires. "It's completely preposterous at a time when 14 million Americans are looking for a job in this country . . . for the President to be riding around on a bus saying we should raise taxes -- on the very folks who create jobs," said Senate Minority Leader, Senator Mitch McConnell (R-KY)

"The Republicans have yet to propose a single idea on their own - A single idea on their own to get 14 million people working again," said Senate Majority Leader, Senator Harry Reid (D-NV).

The Senate is also considering and more likely to pass -- a payroll tax cut for workers and employers.

Business with up to five million in payroll, and that's most of them, would save half what they're paying now in payroll taxes.

Tracie Potts, NBC News.

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