How many jobs bills does it take to save the Senate Democratic majority? It depends on who you ask.
Democratic leaders are certainly entertaining the idea of passing four or five bills this year that are aimed at job creation. But the problem is, they havent gotten the first one out of the box yet.
Senate Majority Whip Dick Durbin (D-Ill.) and Democratic Policy Committee Chairman Byron Dorgan (N.D.) have been soliciting Member ideas for a jobs bill for months and vetting those suggestions with relevant committee chairmen, and they had whittled the list down to a mix of tax credits, government spending and other job-creating incentives. But Senate Finance Chairman Max Baucus (D-Mont.) recently let leaders know that he may want his panel to mark up portions of that package such as tax incentives that fall within Finances purview.
Though Senate leaders had already been planning to pivot from health care reform to jobs and the economy before their stunning defeat in last weeks special Senate election in Massachusetts, the loss of their filibuster-proof majority in the chamber has made them all the more desperate to prove to voters that they are focused on reducing the 10 percent unemployment rate.
As the plans for a jobs bill were being crafted last year, Senate Democratic leaders did not originally envision pushing their first jobs bill through any committee, because Durbin and Dorgans efforts were designed to be a de facto committee of the entire caucus. In fact, committee chairmen were asked to have their staffs vet proposals under their panels jurisdictions.
So several Senate Democratic sources said a Finance markup and the potential for a separate Finance bill were gratuitous. And, they said, waiting for committee members to approve a measure could prevent the Senate from quickly redirecting attention to the jobs issues.
Plus, Baucus runs the risk of further inciting the ire of liberals who felt he wasted a lot of time last year pursuing an ultimately elusive bipartisan deal on health care.
But one Finance aide cautioned that Baucus is not working at cross-purposes from the leadership and that the decision to hold a markup on a jobs measure has not been made.
We all intend to move quickly to improve our economy and increase job growth, the aide said.
The Finance aide added, Finance is working hand in glove with the leadership and committee chairs to produce ideas to get our economy back on track. Like a number of other committees, we were asked to come up with job ideas and, like those other committees, we took that request seriously. This is us being a team player and pulling our oar in the greater job creation boat.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.