Jobs plan will "jump-start" hiring, Obama says

8:14 PM, Dec 4, 2009   |    comments
  • Share
  • Print
  • - A A A +

ALLENTOWN, Pa. (AP) -- President Barack Obama is putting the finishing touches on a fresh job creation proposal he plans to send to Congress next week.

On Tuesday, Obama will list his ideas for a new jobs bill that he says will "help jump-start private sector hiring." Senior administration officials say among the plans likely to be included is an expansion of a program that gives people cash incentives to fix up their homes with energy saving materials.

Obama is also said to be leaning toward new incentives for small businesses to hire and infrastructure spending.

During a speech today to a community college crowd in Allentown, Pa., Obama was upbeat about a Labor Department report showing the jobless rate dipped to 10 percent last month. But, he cautioned, "Good trends don't pay the rent."

Obama says he considers, "one job lost one job too many," and noted that he himself has family members who are looking for work.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Most Watched Videos