The JOBS Act and the Maxine Waters Test
American [Spectator.org]
By John Berlau on 3.19.12 @ 6:08AM
Key Senate Democrats do a job on small business startups that even Maxine Waters and Barney Frank support.
Call it the Maxine Waters test of political moderation. Late last week, this test was failed by Senate Majority Leader Harry Reid (D-Nev.), Senate Majority Whip Dick Durbin (D-Ill.), and Sens. Mary Landrieu (D-La.), Carl Levin (D-Mich.), and Jack Reed (D-R.I.).
They comprise, as Politico writes, “a chorus of Democratic senators… raising objections to a bill designed to help small businesses — throwing bumps in the road to passage of the legislation that had sailed through the GOP-led House and won President Barack Obama’s endorsement.” And this bill, the Jumpstart Our Business Startups (JOBS) Act, also won the endorsement of 158 House Democrats who voted “aye” on Mar. 8, including Reps. Barney Frank (D-Mass.) and Maxine Waters (D-Calif.)
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