President Obama is planning a major “jobs” speech after Labor Day. According to White House officials, the President will focus on tax-cuts and helping the poor and middle class.
As Reported By The Associated Press:
Seeking to jolt the economy, President Barack Obama will unveil new ideas to create jobs and help the struggling poor and middle class in a major speech after Labor Day. And then he will try to seize political advantage by spending the fall pressuring Congress to act on his plan.
Obama’s plan is likely to contain a mix of tax cuts, jobs-boosting construction projects and steps to help the long-term unemployed, a senior administration official told The Associated Press. The official emphasized that Obama’s proposals would be fresh ones, not a rehash of plans he has pitched for many weeks and still supports, like his idea of an “infrastructure bank” to finance construction jobs.
SOURCE: AP
