Economy/Business News Alert: President Obama to unveil nearly $450 billion jobs program

Thursday, September 8, 2011

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Economy/Business News Alert: President Obama to unveil nearly $450 billion jobs program
September 8, 2011 6:19:58 PM
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In a speech tonight before Congress, President Obama will propose a nearly $450 billion program of tax cuts and new government spending aimed at energizing the country's stalling economic recovery, the Associated Press reported.

Congressional officials and others outside the White House say the plan would increase and extend a payroll tax cut for workers and employers, AP reported. The initiative, which faces a tough fight in Congress, comes amid mounting concerns that the U.S. economy is slipping back into recession and as Obama's approval rating has tumbled to new lows, barely more than a year before he faces re-election.


http://link.email.washingtonpost.com/r/TNGYL1/QFBY67/27QEG2/AHZWXA/FAO4T/36/h

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