On Thursday (September 8), President Barack Obama delivered an impassioned speech to Congress detailing his American Jobs Act and urged that Washington get to working again.
“The purpose of the American Jobs Act is simple: to put more people back to work and more money in the pockets of those who are working. It will create more jobs for construction workers, more jobs for teachers, more jobs for veterans, and more jobs for the long-term unemployed.”
The president’s $447 billion proposal “that [Congress] should pass right away” includes a combination of tax cuts, jobs programs, construction projects and state aid used to improve the high unemployment rate, help rebuild the economy and restore the middle class. In his speech, President Obama pointed out that “everything in this bill will be paid for”. Building upon the plan to cut spending, the President asked Congress to increase the amount to cover the cost of the American Jobs Act in order to avoid adding to the deficit. Continue
