AP: After Labor Day, Obama To Roll Out New Ideas On Job Growth

Aug 17, 2011
Originally published on August 17, 2011 6:31 am

Good morning.

President Obama will be in Illinois today, where he'll wind up a three-day bus tour of the Midwest that included stops in Iowa and Minnesota — key battleground states in the 2012 election.

As he wraps up that trip, The Associated Press reports that following his upcoming vacation on Martha's Vineyard, the president "will give a major speech in early September to unveil new ideas for speeding up job growth and helping the struggling poor and middle class."

According to the AP, it's been told by a "senior administration official" that:

"The president's plan is likely to contain tax cuts, jobs-boosting infrastructure ideas and steps that would specifically help the long-term unemployed. The official emphasized that all of Obama's proposals would be fresh ones, not a rehash of plans he has pitched for many weeks and still supports, including his 'infrastructure bank" idea to finance construction jobs."

Tuesday in New Hampshire, Republican presidential contender Mitt Romney (a former Massachusetts governor), "told an audience in Plymouth ... that he wants to lower tax rates but isn't looking for the wealthiest to pay less," the Concord Monitor reports. "I'm not for tax cuts for the rich," Romney said, according to the Monitor. "The rich can take care of themselves. I want to get America working again. And so I want to make sure that whatever we do in the tax code, we're not giving a windfall to the very wealthy."

Another GOP candidate, Texas Gov. Rick Perry, again focused on his state's job-creation record. On Morning Edition, NPR's Wade Goodwyn looked at how job numbers have grown in Texas — for the last 20 years as both Democrats and Republicans have been in the governor's mansion.

Other stories making headlines today include:

-- After Recall Elections In Wisconsin, "GOP Retains 17-16 Majority": "The six-month saga that was Wisconsin's state Senate recall movement ended Tuesday with Democrats retaining two seats — and Republicans still in possession of a week-old, razor-thin 17-16 majority." (The Journal Sentinel)

-- "Pledge For Euro Unity May Not Be Enough To Satisfy Markets": "The leaders of France and Germany on Tuesday promised to take concrete steps toward a closer political and economic union of the 17 countries that use the euro, but it was unclear whether their proposals would be sufficient, or come quickly enough, to satisfy markets anxious over Europe's debts and listless economies." (The New York Times)

-- "Biden In China Amid Debt Concerns": "Vice President Joe Biden is flying to China for talks likely to focus on the economy after the downgrading of U.S. debt and ensuing market turmoil. China is the U.S. government's biggest foreign creditor, holding $1 trillion of debt, and has called on it to do more to reduce its budget deficit. Officials say Mr Biden will explain the finer points of a 'very strong deficit reduction package' agreed by Congress." (BBC News)

-- "Syria Threatens Dissidents Around Globe, U.S. Says": "Syria is taking its war against President Bashar al-Assad's political opponents global, using diplomats in Washington, London and elsewhere to track and intimidate expatriates who speak out against the Damascus regime, according to Syrian dissidents and U.S. officials." (The Wall Street Journal; subscription required.)

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