The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. October 11, 2011 Study: Obama’s Jobs Bill Could Be Paid For By Proposed Tax on Millionaires ----------------------------------------------------------------------------- In economic news, a new study by the Congressional Budget Office has found President Obama's jobs bill could be fully paid for by a proposed new tax on millionaires. The study said a proposed 5.6 percent surtax on millionaires would raise nearly $453 billion over 10 years, more than enough to pay for the $447 billion jobs bill. .