(AP)- ...Underscoring the gravity of the nation's high employment rate, Obama chose a joint session of Congress, normally reserved for a state of the union speech, to lay out his proposals. But if the moment was extraordinary, the plan he presented was conventional Washington rhetoric in one respect: It employs sleight-of-hand accounting.
A look at some of Obama's claims and how they compare with the facts:
OBAMA: "Everything in this bill will be paid for. Everything.
THE FACTS: Obama did not spell out exactly how he would pay for the measures contained in his nearly $450 billion American Jobs Act, but said he would send his proposed specifics in a week to the new congressional supercommittee charged with finding budget savings...
Essentially, the jobs plan is an IOU from a president and lawmakers who may not even be in office down the road when the bills come due. Today's Congress cannot bind a later one for future spending. A future Congress could simply reverse it.
Thursday, September 8, 2011
Priceless: AP Calls BS on Obama's Jobs Speech
Liberal AP calls BS on Obama's claim his jobs bill is payed for and calls his speech "conventional Washington rhetoric."