December 8, 2009
[efoods]Facing the political peril of double-digit unemployment rates, President Obama today urged a series of tax cuts, infrastructure projects, and small business loans to help employers hire more people.
Some loans would involve unspent federal bailout funds, a step already under fire from Republicans. GOP members such as party chairman Michael Steele said the biggest threats to job creation are Obama’s big spending programs, including health care.
Here’s some play-by-play on Obama’s jobs speech this morning at The Brookings Institution in Washington, D.C.