From Conn Carroll's Morning Examiner email:
President Obama ordered Congress to "pass this bill" more than a dozen times last night. There is just one problem: no such bill exists. After Obama's speech, White House Senior Adviser Valerie Jarrett said Obama would be drafting the legislation next week. If Obama really wanted his "American Jobs Act" to pass, he would have had the text of the legislation ready for everyone to read last night.
That explains more why Mr. Obama had to state so explicitly, "This isn't political grandstanding." If he hadn't told us so, we might have thought that getting up and giving a speech insisting "pass this bill" when the bill hasn't been written yet might qualify as that. It's almost comical.