President Obama is expected to propose a compromise to Republicans regarding upcoming budget deadlines in a speech Tuesday. The plan would cut corporate tax rates in exchange for investments in job creation. A rough draft of the plan includes a one-time revenue boost to pay for the jobs investment. Republican opposition is likely to take on the flavor that a revenue adjustment to pay for the jobs investment could hurt small businesses.
See "Obama to propose ?grand bargain? for jobs to GOP", Stephanie Condon and Jill Jackson, CBS News, July 29, 2013