Paul Krugman explains in his column how the Republicans’ plan gives a $680 billion tax cut to the rich that is not in Obama’s plan.

Making all of the Bush tax cuts permanent, as opposed to following the Obama proposal, would cost the federal government $680 billion in revenue over the next 10 years.

Only a tiny fraction of small-business owners would receive any tax break at all.

It’s hard to think of a less cost-effective way to help the economy than giving money to people who already have plenty, and aren’t likely to spend a windfall.