Tax breaks ($253 billion)

Half of payroll tax (3.1%) on first $5 million payroll; Full holiday for added workers or increased wages (how long?) ($65 billion)

100% expensing of investment: $5 billion

$4,000 for hiring LT unemployed ($8 billion)

Extend payroll tax for workers ($175 billion)

“Returning Heroes”: $5,600 to $9,600 to encourage hiring of unemployed veterans

Infrastructure: $105 billion

$50 billion: Immediate investment in infrastructure

$10 billion: iBank

$15 billion: construction workers on vacant and foreclosed homes

$30 billion investment in school infrastructure

Access to high-speed wireless

Aid to states ($35 billion)

$30 billion to prevent layoffs of 280,000 teachers

$5 billion for public safety and first responders

Safety Net: $54 billion

Unemployment Insurance programs ($49 billion)

Pathways back to work fund ($5 billion)

Regulations

Speeding up payments

Work with SEC to reduce burdens for raising capital

From “The Rise of the New Global Elite” (The Atlantic)

At last summer’s Aspen Ideas Festival, Michael Splinter, CEO of the Silicon Valley green-tech firm Applied Materials, said that if he were starting from scratch, only 20 percent of his workforce would be domestic. “This year, almost 90 percent of our sales will be outside the U.S.,” he explained.“The pull to be close to the customers—most of them in Asia—is enormous.”

Speaking at the same conference, Thomas Wilson, CEO of Allstate, also lamented this global reality: “I can get [workers] anywhere in the world. It is a problem for America, but it is not necessarily a problem for American business … American businesses will adapt.”