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.
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
