U.S. Chamber of Commerce: Cut Social Security

[NorthCarolina]

The U.S. Chamber of Commerce sent the White House an "open letter" laying out a proposed roadmap to economic recovery, coinciding with the organization's "Jobs Summit" underway in Washington. The Chamber is an ultra-conservative political operation primarily funded by a handful of large companies. It plans to spend more than $50 million electing Republicans to Congress in 2010.

The Chamber's four-page letter offers a variety of suggestions for job creation, though it doesn't appear that they flipped past the first few pages of the free-market playbook when brainstorming the proposal. The ideas include deregulation of business, tax cuts for the wealthy, free trade agreements, a reduced corporate income tax, expanded offshore drilling and logging in national forests and the privatization of waterways and roads.

Specifically, the Chamber urges the president to extend Bush-era tax cuts in full and provide tax breaks for companies that move jobs overseas.

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Link: http://www.huffingtonpost.com/2010/07/14/chamber-of-commerces-jobs_n_646337.html