House Leaders Willing to Compromise on Jobs Plan

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House Republican leaders say they agree with several key points in President Obama's jobs plan and are willing to work with the administration in those areas.

"We believe there are areas of common agreement and areas worthy of further conversation where agreement, assuming there are good faith discussions, may be possible," House Speaker John Boehner, R-Ohio, and House Majority Leader Eric Cantor, R-Va., said in a letter to the GOP rank-and-file.
    
The parts of the plan the GOP supports include the following:

  • Extending the payroll tax cut.
  • Business tax breaks and depreciation.
  • Free trade agreements.
  • Unemployment insurance reform.
  • Rebuilding the nation's roads and bridges.

White House officials say the president still wants the plan to be passed in its entirety.
    
The measure is not expected to be introduced in the Senate until next month.

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