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President Obama to Give Major Jobs, Stimulus, Deficit-cutting Speech After Labor Day

August 18, 2011
By: Jim Wiesemeyer, Pro Farmer Washington Consultant

.via a special arrangement with Informa Economics, Inc.

President hints at some ideas being considered


NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


President Obama said he will press Congress for a new round of stimulus spending and tax cuts to help spur the economy and promote job growth. Obama will detail his ideas, including deficit/debt reduction, in a major address shortly after Labor Day, when he and lawmakers return from vacation, the White House announced.

Some ideas being mulled and/or mentioned already include:

  • Proposing tax cuts for companies hiring new workers, especially jobless workers

  • Renewal of an expiring payroll tax cut, perhaps extending that to an employer payroll tax cut

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