According to senior White House officials, a significant jobs program will be announced next week. The concept emerged during the recent budget negotiations, and an outline was developed and agreed upon in principle by a bi-partisan group including the President and unnamed GOP leaders on the Hill.
The program has a price tag of $250 billion, "several million" of which will go to creating "about 100,000" jobs. The program is "fully aligned with the budget and the President's remarks today."
One GOP participant acknowledged the plan, emphatically noting that it "is not a spending program." White House confirmation came in the form of a disclosure that "the funds for this program will be levied from the banking and investment accounts of those earning less than $250,000 per year and transferred directly into the accounts of those earning $250,000 or more", less a few million dollars to pay for the temps who'll be hired "to figure all this shit out."
According to the Republican source, "to offset our current, unfair income tax rate structure, more money will be given to those who had higher gross income in 2010." White House officials would not comment on this feature of the plan.
Another source anticipates that the program could grow considerably as the Debt Ceiling Deadline approaches, a prediction widely considered "a slam dunk."
"The President has decided to take an advance on our upcoming victories over the future," one White House spokesman said. "Even though the jobs are temporary, there are a lot of them and they won't cost the government one cent!"