Top Senate Democrats have drafted an $82.5 billion "jobs" plan that would help small businesses, boost spending on road construction and mass transit, and give local governments money to retain teachers.
The draft document proposes $20 billion for a job creation tax credit and $12.5 billion to retrofit homes and businesses to make them more energy efficient. It has not been publicly released but a summary was obtained by The Associated Press.
WASHINGTON (Reuters) - President Barack Obama pitched job-creation plans to recession-weary Americans on Tuesday while his advisers urged Congress to take further measures to rein in the record budget deficit.
WASHINGTON -- U.S. President Barack Obama pointed to "encouraging" signs in the U.S. labor market, but said the government should do more to support hiring, pitching two new proposals to help small businesses bring on new workers. Speaking in Lanham.
Senate Democrats are holding a news conference Thursday on a jobs bill without an actual jobs bill, an apparent sign that the Massachusetts Senate vote that is bringing Scott Brown to Washington is still reverberating through the U.S.
Reporting from Washington - Eager to show Americans that they are focused on reversing widespread unemployment, Senate Democrats on Thursday unveiled a package of legislation dedicated to spurring job growth.
"Our No.
WASHINGTON (Reuters) - With a nervous eye on the November congressional elections, Senate Democrats will unveil tax credits and other proposals on Thursday that aim to bring down the nation's double-digit unemployment rate.
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