the so-called JOBS Act bill … AFL – CIO has the facts


Urgent: Congress is rushing to deregulate Wall Street—pushing a cynically named “JOBS Act.” This bill could pass as early as Monday.

Senate Democrats, including Jack Reed, Carl Levin and Mary Landrieu, have offered the “INVEST in America Act” to amend the “JOBS Act” and make it less harmful. We need to support these amendments while making it clear that working families oppose the so-called JOBS Act bill.

Please urge your senators to vote FOR the “INVEST in America Act” to make the JOBS Act less harmful to workers and consumers—and AGAINST the cynically named “;JOBS Act” bill.

America needs jobs.
Yet Congress has not yet passed basic legislation like a measure to reauthorize surface transportation programs, which would create hundreds of thousands of jobs. Instead, next week Congress once again will look to deregulate Wall Street.

Workers’ retirement savings will be at greater risk of fraud and speculation if securities market deregulation once again is railroaded through Congress. Our economy will be at risk from the folly of policymakers promoting financial bubbles and ignoring the needs of the real economy.

The AFL-CIO calls on Congress to set aside the politics of the 1%, the old game of special favors for Wall Street, and turn to the business of real job creation.

Urge your senators to vote FOR the “INVEST in America Act,” which will amend the JOBS Act to make it less harmful to workers and consumers—
and AGAINST the cynically named “JOBS Act” bill.

Thank you for all the work you do.

In Solidarity,

Richard L. Trumka
President, AFL-CIO

Congress:the Republican led House-Ryan budget plan revised? And a fake JobsAct! — the Senate considers HR3606,the Capital Formation/IPO bill


the Senate Convenes at 2:00pmET March 19, 2012

  • Following any Leader remarks, the Senate will be in morning business until 4:30pm with Senators permitted to speak therein for up to 10 minutes each.
  • Following morning business, the Senate will resume consideration of H.R.3606, the Capital Formation/IPO bill.
  • The filing deadline for all first degree amendments to the Reed-Landrieu-Levin-Brown (OH), et al, substitute amendment #1833 and H.R.3630 is 4:00pm on Monday.
  • As previously announced, there will be no roll call votes on Monday.  Senators should expect the next roll call vote on Tuesday, March 20th prior to the weekly caucus meetings.

As a reminder, the filing deadline for first degree amendments to the Reed-Landrieu-Levin-Brown (OH), et al, substitute amendment and #1833, the IPO bill, is at 4:00pm today. If your Senator has a germane first degree amendment and would like to preserve her or his right to offer, please send a signed copy of the amendment to the Cloakroom prior to the deadline so that we may filed it at the desk for you. If you have already filed, there is no need to re-file.

WRAP UP

No ROLL CALL VOTES

LEGISLATIVE ITEMS

Notwithstanding the passage of S.1813, the Surface Transportation bill, the Senate agreed to the Boxer amendment #1903, which is a technical amendment, striking title V of division C with the heading entitled “Research and Innovative Technology Administration Reauthorization Act of 2012”, which was moved to division E.

Discharged the Committee on Homeland Security and Governmental Affairs from further consideration of S.2076, a bill to improve security at State and local courthouses and referred it to the Judiciary committee.

Began the Rule 14 process of S.2204, the Repeal Big Oil Tax Subsidies Act. (Menendez)

No EXECUTIVE ITEMS

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CURRENT HOUSE FLOOR PROCEEDINGS

LEGISLATIVE DAY OF MARCH 19, 2012

 112TH CONGRESS – SECOND SESSION

-The Speaker announced that the House do now recess. The next meeting is scheduled for 6:30 P.M. today.5:23:34 P.M. -H.R. 3992At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.5:13:45 P.M. -H.R. 3992DEBATE – The House proceeded with forty minutes of debate on H.R. 3992.5:13:41 P.M. -H.R. 3992Considered under suspension of the rules.5:13:26 P.M. -H.R. 3992Mr. Smith (TX) moved to suspend the rules and pass the bill. H.R. 3992 — “To allow otherwise eligible Israeli nationals to receive E-2 nonimmigrant visas if similarly situated United States nationals are eligible for similar nonimmigrant status in Israel.”5:13:12 P.M. -H.R. 4086Motion to reconsider laid on the table Agreed to without objection.5:13:10 P.M. -H.R. 4086On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.5:04:35 P.M. -H.R. 4086DEBATE – The House proceeded with forty minutes of debate on H.R. 4086.5:04:32 P.M. -H.R. 4086Considered under suspension of the rules.5:04:16 P.M. -H.R. 4086Mr. Smith (TX) moved to suspend the rules and pass the bill, as amended. H.R. 4086 — “To amend chapter 97 of title 28, United States Code, to clarify the exception to foreign sovereign immunity set forth in section 1605(a)(3) of such title.”5:04:04 P.M. -The Speaker announced that votes on suspensions, if ordered, will be postponed until 6:30 p.m. today.5:03:54 P.M. -The House convened, returning from a recess continuing the legislative day of March 19.4:11:33 P.M. -The Speaker announced that the House do now recess. The next meeting is scheduled for 5:00 P.M. today.4:04:14 P.M. -ONE MINUTE SPEECHES – The House proceeded with one minute speeches.4:03:51 P.M. -PLEDGE OF ALLEGIANCE – The Chair designated Mr. Faleomavaega to lead the Members in reciting the Pledge of Allegiance to the Flag.4:03:41 P.M. -The Speaker announced approval of the Journal. Pursuant to clause 1, rule I, the Journal stands approved.4:01:00 P.M. -Today’s prayer was offered by the House Chaplain, Rev. Patrick J. Conroy.4:00:00 P.M. -The House convened, starting a new legislative day.