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Tag Headline: Obama - Jobs - Plan - President - Barack

Details of American Jobs Act

Updated 1 week ago
by Chris Workman for The News Portal at 2:30am on 9th of September 2011

President Obama addressed Congress on Thursday night with a crucial speech he called the American Jobs Act, which had implications not only for the American economy, but for the 2012 Presidential election too.

The main highlight was a $447 billion proposal to incentivise growth and hiring, fuelled by tax cuts and spending measures.

The main cause for concern is the US unemployment rate, currently at 9.1%. This looks to potentially be the crucial topic during the campaign next year.

Some Republicans have expressed interest in finding compromises on certain aspects of the proposal, although many have dismissed the whole package as electioneering.

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 Displaying 0 to 7 out of 72 articles
Obama unveils plan to cut U.S. debt by $3 trillion
CNN - 5:00pm Monday 19th of September 2011
Barack Obama unveils a plan to cut the U.S. debt by $3 trillion, with wealthy people and corporations set to pay more tax. Republicans have already criticized the plan. ...
USA: Obama unveils plan to slash deficit and boost growth
France 24 - 5:00pm Monday 19th of September 2011
US President Barack Obama has called for higher taxes on companies and the wealthy as part of his plan to cut the deficit by some $3 trillion over the next decade, setting the stage for a showdown wit ...
Obama Vows Veto if Deficit Plan Has No Tax Increases
New York Times - 5:00pm Monday 19th of September 2011
President Obama called for Congress to adopt his plan to reduce the federal deficit by more than $3 trillion over the next decade, calling for tax increases on the wealthiest Americans and biggest cor ...
Obama unveils deficit cut plan
PressTV - 5:00pm Monday 19th of September 2011
US President Barack Obama has unveiled a new plan to reduce the country's yawning deficit by more than USD 3 trillion over the next decade, Press TV reported. ...
Obama unveils $3.6 trillion deficit plan
MarketWatch - 3:00pm Monday 19th of September 2011
The White House releases details of the president’s $3.6 trillion plan to cut the deficit. The measure would allow the country to start reducing its debt burden by 2017. ...
Obama to Call for $1.5 Trillion in Higher Taxes
BusinessWeek.com - 3:00pm Monday 19th of September 2011
The President will propose increases targeting the wealthy as part of a plan to cut the U.S federal deficit by $3 trillion ...
Obama to lay out deficit cuts
Dawn - 6:00am Monday 19th of September 2011
WASHINGTON: President Barack Obama will lay out a new plan Monday to slash trillions of dollars from government deficits, but is already drawing charges of “class warfare” from Republicans over hi ...
 By keith justin gallagher

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