Jobs Plan | featured news

Markets declined on Friday in the wake of President Obama’s jobs speech that added to the uncertainty already weighing on global markets over the euro zone.

Mr. Speaker, Mr. Vice President, Members of Congress, and fellow Americans: Tonight we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse.

President Obama this evening rolls out a plan to inject $447 billion into the ailing economy through tax cuts aimed at working families and small businesses and spending to rebuild infrastructure, proposing a larger cash infusion than expected – and, perhaps, more than Congress will seriously consider.

President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans to lay out a $300 billion job-creation package on Thursday, CNN reported, citing Democratic sources.

Former Massachusetts Gov. Mitt Romney will unveil his jobs plan in Las Vegas on Tuesday, the latest among Republican presidential hopefuls to come out with a proposal to grow the economy and boost employment.

Sarah Palin's got one. So does Jon Huntsman, while Michele Bachmann is starting to discuss hers in detail. Mitt Romney's going to show his Tuesday, followed by President Barack Obama on Thursday.