Most of us know who the real party of NO is. Pelosi is scared the bill will actually create jobs, unlike Obama’s $830 billion stimulus and those imaginary “shovel-ready” jobs.
From The Hill:
The House Thursday afternoon overwhelmingly approved legislation aimed at easing the rules for capital formation for small companies, which Republicans hailed as a major job-creation bill but Democrats said is just a minor fix for the economy.
Members approved the Jumpstart Our Business Startups (JOBS) Act in a 390-23 vote that saw 158 Democrats join every voting Republican in support of the bill. All “no” votes were Democrats.
“In his State of the Union address, President Obama asked Congress to send him a bill that helps start-ups and entrepreneurs succeed,” House Majority Leader Eric Cantor (R-Va.) said shortly before the final vote. “The JOBS Act that we’ll be voting on today does exactly that.
“I strongly urge Sen. Reid to take up this bill as quickly as possible, and let’s just get it to the president’s desk.” The Senate appears more likely to take up the bill, as the Obama administration supports the measure.
…While the bill was clearly supported by both parties, Democrats argued over the last two days that Republicans should not overstate the impact it would have on jobs.
House Minority Leader Nancy Pelosi (D-Calif.) mocked the Republicans’ jobs package Thursday, likening the “meager” bill to a “little king.”
Asked during her weekly press conference why Democratic leaders haven’t “trumpeted” the rare bipartisan nature of the Republicans’ effort, Pelosi argued that the legislation is simply too small to have any significant impact on the economy.
Aww, little Nancy wanted to spend more so the Democrats could add even more to the national debt.
Trumpets, she suggested, are reserved to announce major events. “[And] here comes the little king,” she said, after making a trumpet sound of her own from the podium.