The House of Representatives last year passed its version of President Barack Obama's proposed legislation to stimulate new jobs in the U.S. and sent it to the Senate. Two senators came to an agreement on an $85 billion measure with bipartisan backing, quickly endorsed by Obama, but it was rejected by Senate Majority Leader Harry Reid, D-Nev., in favor of a different approach. The president has been silent since then. "...For now, both president and Senate seem content to settle for the appearance of job creation rather than the thing itself," according to The Economist.
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