Obama’s jobs council is calling for an overhaul of the corporate tax structure, expansion of domestic petroleum drilling and a raft of reforms to federal regulation.
As first reported by Reuters, the new corporate tax rates should sink to “internationally competitive levels,” the report says, as well as an “all-in strategy” to cut reliance on foreign fuels by promoting domestic sources.
This is just the latest in the new stream of GOP-sounding policy proposals coming from the White House this year. Last week the proposal was to streamline the government by consolidating federal agencies.
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Tuesday, January 17, 2012
Obama jobs council releases new recommendations
◼ If Obama treats the recommendations of his jobs council like he did the deficit-and-debt-reduction recommendations of the Erskine-Bowles debt commission, then this matters not at all. Nevertheless, the ideas his latest council presented are worth considering for their own sake: - HotAir