On their Saturday media address, Republicans attacked President Barrack Obama over his proposal of creating more jobs. They have expressed their anger on wasting more money on the bail out plans in the name of job creation. Their grudge is marking another dirty battle over the bipartisan solution of the nation’s biggest problem.

Obama asked the Congress to use the $30 billion left over money for the bailout of Wall Street should be used in a new proposal. He proposed that the money must be used to provide loan to the small business owners and White House calls this plan as the engine for job growth. In response the Grand Old Party (GOP) has asked the same question : Where are the jobs that Obama assured against the spent billion dollars?

There is good news for the Obama administration that after 7 months the unemployment rate has shown a decline and it reached 9.7% (from 10%). According to Obama although the US economy is growing again still this is not a safe economy. The unemployment rate has dropped below since summer but the rate is still high and still many Americans are jobless.

To improve the situation, Obama has proposed that the leftover dollars of TARP (Troubled Asset Relief Program) to the small banks. The banks then can provide more loans to the small business owners and strengthen the economy.

But Republicans are arguing that this will only increase the debt and tax on the Americans. The leftover money of TARP should be used to decrease the budget deficit. The Democrat and Republican senators are working on a bipartisan job bill. The bill will give tax benefits to those business owners who will employ unemployed workers. The job bill will also extend the unemployment payment whose benefits are already end. This bill will give subsidy to the jobless for their health insurance premium. This bipartisan bill is a great victory for Obama but the Republican grudge has proved that the bipartisan will not last long. The Republicans say that the stimulus package only increasing government debt and multiplying economic problems. The Republican Hensarling said. “What did the American people get? A bill for $1.2 trillion and 3 million more jobs lost.”