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Obama to send jobs bill to Congress

US President Barack Obama will ratchet up pressure on Republicans on Monday by sending his $447 billion American Jobs Act to Congress and calling on lawmakers to pass it, a White House official said. Obama will hold an event in the Rose Garden of the White House including people who…

Tea party group denounces Obama’s jobs plan

The Tea Party Express called the jobs plan President Barack Obama laid out to a joint session of Congress Thursday night “yet another speech with old, unworkable solutions.” The Tea Party Express is a Republican group associated with the Koch brothers. In a prepared statement, chief strategist Sal Russo denounced…

Obama jobs speech venue part of election strategy

WASHINGTON (Reuters) – President Barack Obama’s use of a rare joint session of Congress to deliver a jobs speech on Thursday reflects a political strategy to try to blame Republicans for an economy at risk of sliding back into recession. The choice of venue — the Republican-controlled House of Representatives…

Obama to propose $300 billion jobs package: report

WASHINGTON (Reuters) – 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. The proposed new spending, to be announced by Obama in a nationally televised speech to Congress, would be offset…

Obama poll ratings dive as job speech looms

WASHINGTON — President Barack Obama’s poll numbers crashed to new lows ahead of his crucial speech Thursday aimed at tackling zero US job growth and reviving his own political fortunes. Opinion polls revealed a mood of deep pessimism in the American electorate, amid high unemployment and economic anxiety, and suggested…

U.S.: Europe has ability to face debt crisis

WASHINGTON — The White House said Tuesday it was confident Europe had the ability and will to tackle its debt crisis and said there was “no question” events across the Atlantic could impact the US economy. Officials in Washington are eyeing events in Europe as fears mount that a banking…

Obama to unveil jobs plan on September 7

WASHINGTON — US President Barack Obama Wednesday requested the spotlight of a joint session of Congress on September 7 to unveil his new jobs plan at the exact time of a Republican 2012 candidates debate. Obama’s decision to debut his initiative — possibly his last chance to revive the staggering…

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