The White House has released very few details about Mr. Obama's plan. The proposal, reported to amount to about $300 billion, could include incentives for small businesses to hire, an extension of insurance benefits for the unemployed, and a renewal of payroll tax cuts that have allowed U.S. workers to keep more of their earnings.
he president is also expected to call for spending to fix the country's aging and crumbling roads, bridges and schools — projects that could also create jobs.
The Democratic president's plan is likely to meet with considerable opposition from Republican lawmakers who are opposed to increased spending by the debt-ridden government.
In advance of the speech, some Republicans say the proposals represent a reprise of the president's failed economic policies.
While the president's Democratic party dominates the Senate, his Republican opponents have the majority in the larger, more volatile House of Representatives.
A survey of 1,000 people, released Wednesday by the Pew Research Center, shows that 43 percent of those responding consider the job situation to be the nation's top economic concern — far more than issues such as the budget deficit and financial markets.
The country's economy has virtually stalled, and federal figures show that no new jobs were created in August. About 14 million workers are unemployed and millions more are working part-time or in jobs they consider below their skill level. source blogs.voanews.com...
Barack Obama press confrence sept 8 2011, Barack Obama released, U.S. President Barack Obama speech september 8 2011. For the latest updates PRESS CTR + D or visit Stock Market news Today
Related Post:
us stock
- U.S. Stock Futures news today february 14 2013
- U.S. stocks market rose today Rise on Earnings
- Barack Obama invited congressional leaders to the White House a last-ditch effort to broker a deal
- NASDAQ, Dow Jones, S&P Analysis today dec 27 2012
- Chart S&P 500 price target forecast 2013
- Impact U.S. budget crisis stock market drop
- U.S. stock Dow Jones futures Down today
- Analysis Stock market down november 15 2012
- U.S. stock futures Dow Jones rose november 12 2012
- analysis S&P 500 index next week nov 12-16 2012
- Why Stocks market and dollar down after obama win
- Hurricane Sandy will close U.S. stock markets
- Stock market will focus US election next week october 29 2012
- Why Wall Street Stock down october 17 2012
- Impact U.S. Presidential election on financial market november 2012
- U.S. stock futures ahead of payrolls report 10/5/2012
- U.S. stock futures Dow Jones up 9/28 2012
- Dow jones futures outlook september 12 2012
- U.S. stock Dow Jones futures higher september 11 2012
- US. Stocks Market closed september 4 2012
- US. Stock futures higher wait Bernanke speech 8-31-2012
- US Stock Dow jones Futures Down 8/30/2012
- U.S. Stocks Movers 8/27/2012
- US. Stock dow jones futures fell 8/27/2012
- S&P 500 outlook next week august 27-31 2012
economic
- how will impact Hurricane Sandy on economic losses
- how will Survey China manufacturing for October 2012
- UK Economic out of the double-dip recession report today oct 25 2012
- UK retail sales report september 26 2012
- Canadian interest rate forecast September 2012
- official figures US economic growth q2 2012
- German business climate outlook report 8/27/2012
- US Unemployment Claims report 23 august 2012
- July US Existing Home Sales report 22 august 2012
- Economic calendar week august 20-24 2012
- Financial Markets for august 13 -17 2012
- U.S. unemployment rate outlook july 2012
- U.S. Food Prices forecast 2013
- China inflation rate forecast july 2012
- July U.S. Jobs Report august 3 2012
- U.S. Consumer Confidence Index july 2012
- IMF estimates Spanish GDP growth 2012-2013
- us consumer price index forecast 2013
- Chinese economic growth outlook Q2 2012
- impact economic problems of Greece, Spain and Italy on stock markets
- Will US. Economic Recession 2013
- U.S. employment data report july 6 2012
- US Consumer Confidence Index down may 2012
- 2012 march US new home sales fell
- FOMC meeting expected april 24 2012
No comments:
Post a Comment