President Obama plans to send the American Jobs Act, his $447 billion plan to jump-start the economy, to Congress on Monday evening, a White House official said Sunday. Obama will appear in the Rose Garden on Monday to call on Congress to approve the bill, which aims to create hundreds of thousands of jobs through a mix of tax cuts, infrastructure spending and direct aid to state and local governments. Read full article >>

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Topics:  president obama   american jobs act   white house   obama   rose garden   read    obama   congress   send   bill   
BING NEWS:
  • One path for Biden to lure blue-collar voters – find the economic villains: ‘You have to pick fights’
    Experts say Biden can win back working-class Americans if he hammers home the message that he is helping them on pocketbook issues ...
    05/11/2024 - 10:32 pm | View Link
  • Narrower radiation compensation bill rankles advocates
    Advocates of a bipartisan bill to extend and expand compensation for Americans exposed to nuclear radiation by the government are now grappling with a new wrinkle they fear could impede their ...
    05/8/2024 - 11:00 pm | View Link
  • White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November
    The creation of 175,000 jobs in April by US employers has been termed a “Goldilocks” report by leading economists: Creating enough jobs to keep the labor market humming along healthily, but slowing ...
    05/3/2024 - 11:40 am | View Link
  • When trade deficits matter
    Economists are quick to point out the fallacy of the trade deficit as a definitive indicator of economic health. In politics, though, the evils of a trade imbalance make an easy sound bite.
    05/3/2024 - 1:00 am | View Link
  • U.S.-Mexico border, one of Biden’s biggest problems
    The ad sounds like something out of the GOP 2024 playbook, trumpeting a senator’s work with Republicans to crack down on the flow of fentanyl and other illegal drugs into the U.S., getting tough on ...
    04/30/2024 - 5:17 pm | View Link
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