US president’s $447bn plan for tax cuts and new spending fails against a backdrop of protests against income inequality.
After failing to win the support of the Senate, a multi-billion dollar jobs bill created by US President Barack Obama also appears to be lacking support on the streets.
From Boston to Washington and New York, members of the now nation-wide movement originally known as Occupy Wall Street, do not see Obama’s planned taxing of millionaires as an answer to their economic demands.
One reason for this lack of faith in the bill, which was also voted down by two members of the president’s own party, may be the background of the heads of Obama’s jobs’ council, a collection of executives from some of the nation’s largest corporations.
Many members of the council have failed to pay taxes on massive profits they have made, in part by laying off thousands of US workers.
Al Jazeera’s Patty Culhane reports from Washington.