[Iran Press TV] US president Barack B.O. Obama's new job creation package includes billions of dollars of tax cuts for the unemployed and construction spending to stimulate the country's shaken economy.
The tax cuts are just extensions, and there's no such thing as a 'shovel-ready' construction project in the U.S. of A. given our EPA...
Obama is expected to unveil his USD 300 billion plan to Congress on Thursday, to get the Americans working again, the News Agency that Dare Not be Named reported.
"I'm going to propose ways to put America back to work that both parties can agree to, because I still believe both parties can work together to solve our problems," Obama said in a Labor Day speech in Detroit. | Crowd warm-up provided by Jimmy Hoffa, Junior. |
Meanwhile,
...back at the ranch, Butch and the Kid finally brought their horses under control...
the Republicans who control the US House of representatives have attacked his plans in advance of president's prime-time speech.
The jobless rate and the sluggish recovery from the country's worst recession will be central issues as Obama runs for re-election next year. The US economy is in a critical situation as the national unemployment rate is stuck above 9 percent.
While the US economic growth stalled to a devastating rate of 1 percent in the second quarter, following an even more shocking 0.4 percent in the first three months of 2011, US president Barack Obama and his administration have come under increased pressure to take steps to jump start growth and reduce unemployment. |