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House Majority Leader Eric Cantor (R-Va.) said that President Barack Obama’s $447-billion American Jobs Act was dead, adding that Obama’s “all or nothing” approach would not work. At a Capitol Hill briefing on Monday, a reporter asked Cantor whether the "jobs package as a package [was] dead?" Cantor said, "yes," and shortly thereafter said, “It seems as if the president is in full campaign mode. The president continues to say ‘pass my bill in its entirety.’ As I’ve said from the outset, this all-or-nothing approach is just not acceptable.” Cantor also questioned whether Obama had the votes for his jobs...

<p>It's not just millionaires who'd pay more under President Obama's latest plan to combat the deficit.</p> <p>Air travelers, federal workers, military retirees, wealthier Medicare beneficiaries and people taking out new mortgages are among those who would pay more than $130 billion in government revenues raised through new or increased fees.</p>

Kimberly Willingham (202) 225-3035 Jonna Fitzgerald (903) 561-6349 Rep. Gohmert Introduces the American Jobs Act of 2011 September 14, 2011 Washington - Rep. Louie Gohmert (TX-01) released the following statement today after introducing the “American Jobs Act of 2011” which will create jobs by taking the corporate tax rate to zero. “We have heard a lot of rhetoric about job creation from President Obama over the last several days. After waiting to see what the President would actually put into legislative language, and then waiting to see if anybody would actually introduce the President’s bill in the House, today I...

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House Republicans may pass bits and pieces of President Barack Obama’s jobs plan, but behind the scenes, some Republicans are becoming worried about giving Obama any victories — even on issues the GOP has supported in the past. And despite public declarations about finding common ground with Obama, some Republicans are privately grumbling that their leaders are being too accommodating with the president. “Obama is on the ropes; why do we appear ready to hand him a win?” said one senior House Republican aide who requested anonymity to discuss the matter freely. “I just don’t want to co-own the economy...

President Barack Obama plans to send the text of his jobs bill to Congress on Monday night, a White House official said Sunday. At a Rose Garden ceremony Monday, the president plans to announce that he will send the American Jobs Act to Congress at the end of the day, after both houses come back into session.

(Reuters) - President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some $300 billion in tax cuts and government spending as part of a job-creating package, U.S. media reported on Tuesday. The price tag of the proposed package, to be announced by Obama in a nationally televised speech to Congress on Thursday, would be offset by other cuts that the president would outline, CNN reported, citing Democratic sources. Bloomberg News said the plan would inject more than $300 billion into the economy next year through tax cuts, spending on infrastructure, and aid to state and local...

WASHINGTON (AP) — The economy weak and the public seething, President Barack Obama is expected to propose $300 billion in tax cuts and federal spending Thursday night to get Americans working again. Republicans offered Tuesday to compromise with him on jobs — but also assailed his plans in advance of his prime-time speech. ... According to people familiar with the White House deliberations, two of the biggest measures in the president's proposals for 2012 are expected to be a one-year extension of a payroll tax cut for workers and an extension of expiring jobless benefits. Together those two would total...

When a president asks for a prime-time slot to address a joint session of Congress, he is signaling to the country that he has something very important to say. Next Thursday, President Obama will once again try to make a hard political pivot to the issue of jobs. Obama will confront two big problems when he stands in the well of the House next week. The first is political: the loss of voters' confidence in his handling of the economy. The second is the economy itself. A new estimate released by the White House on Thursday shows the economy growing...

Dems want Obama's job speech to contrast with GOPBy JIM KUHNHENN AP – 15 hrs ago WASHINGTON (AP) — The tiff over the timing of President Barack Obama's jobs speech to Congress offers little hope that Republicans and the White House will now find common ground on how to reduce the nation's painfully high unemployment. In fact, some Democrats say it's time Obama stopped trying so hard to negotiate. On matters large and small, Obama has yielded to House Speaker John Boehner in a string of concessions that have unnerved Democrats and emboldened Republicans. A chorus of Democratic voices is...

(VIDEO)-At a White House press briefing, ABC's Jonathan Karl grilled White House Press Secretary Jay Carney asking, "If you can't even get the congress to agree on a date for a speech without a political sideshow, how can the American people expect you can do something much more difficult- come up with a jobs plan, deal with the deficit?

<p>As President Barack Obama prepares to pitch a new jobs plan to Congress, he said Tuesday there are steps the government can take that could add up to a million jobs to the U.S. economy and boost growth by 1.5%.</p>

President Obama formally announced that Alan Krueger will be his newest economic adviser Monday morning, also suggesting in a Rose Garden statement that he’s about finished with his jobs plan that he’ll announce next week. "I will be laying out a series of steps that Congress can take immediately to put more money in the pockets of working families and middle-class families,

President Obama is finalizing a jobs package that could include a program to refurbish school buildings nationwide and tax breaks to encourage firms to hire workers. [Snip] But economists and advisers familiar with his strategy say Obama will argue next month that the financial crisis was worse than anyone thought at the time and say more stimulus is needed to make any real dent in the unemployment rate. The details are still being discussed during the president's annual vacation in Martha's Vineyard, White House spokesman Josh Earnest said. But the broad contours of the jobs package are quickly coming into...

President Barack Obama is finalizing a jobs package that could include a program to refurbish school buildings nationwide and tax breaks to encourage firms to hire workers. The package, to be unveiled in early September, is Obama's chance to convince skeptical voters he can bring down the 9.1 percent unemployment rate and steer the United States away from another recession - ahead of next year's election. More must-read stories Getty Images stock Eating in Life Inc.: Between the weak economy and the high unemployment rate, it’s not surprising that many people are choosing to eat at their desks rather than...

Fans of SNL might like this one...

Obama's Jobs Package May Include School Renovations And A Tax Break For Hiring The president's proposal would mean construction work and an incentive for businesses to add employees. It's expected to come with a plan to reduce federal budget deficits. By Peter Nicholas, Christi Parsons and James Oliphant, Washington Bureau August 17, 2011 Reporting from Washington and Alpha, Ill.— The jobs package that President Obama plans to unveil shortly after Labor Day could include tens of billions of dollars to renovate thousands of dilapidated public schools and a tax break to encourage businesses to hire new workers, according to people...

After pledging to send a job-creation package to Congress next month and daring Republicans to block it, President Obama offered few specifics Tuesday about the form the plan might take as he stuck to a broad outline of how to improve the economy. On the second day of Obama's three-day bus tour of the upper Midwest, the president worked off the blueprint he had used the day before, offering proposals such as extending a payroll tax cut, spending money to repair roads and bridges, and ratifying pending trade agreements. And he continued to hammer away at Republicans in Congress, suggesting...

President Barack Obama is eyeing a 2012 campaign modeled on President Harry Truman’s 1948 successful re-election campaign against Congress. First, however, the White House will send to Capitol Hill an assortment of ‘economy-boosting’ legislation in a package that may include a major overhaul of the tax code. “I’ll be putting forward, when they come back in September, a very specific plan to boost the economy, to create jobs, and to control our deficit,” Obama told a friendly audience at a Decorah, Minnesota campaign-event on Monday. “My attitude is, get it done … [but] if they don’t get it done, then...

Reporting from Decorah, Iowa— In the clearest expression yet of his 2012 reelection strategy, President Obama said he would send a jobs package to Congress next month, ask lawmakers to pass it, and campaign against them if they refused. Obama made the declaration in a town-hall-style meeting in Iowa on Monday night. He is facing criticism for not advancing a bold strategy to bolster job growth and his reelection prospects. "I'll be putting forward a very specific plan to boost the economy, to create jobs and to control the deficit," Obama said on the first day of his three-day Midwest...