10:58 A.M. EDT THE PRESIDENT: Please, everybody, have a seat, on this beautiful morning. It’s wonderful to see all of you here. On Thursday, I told Congress that I’ll be sending them a bill called the American Jobs Act. Well, here it is. (Applause.) This is a bill that will put people back to work all across the country. This is the bill that will help our economy in a moment of national crisis. This is a bill that is [...]
President Obama sent Congress the legislative fine print of his American Jobs Act Monday, suggesting that his proposed new stimulus to help the economy would not increase deficits as long as lawmakers approve the tax changes he also outlined in his bill. In doing something he has rarely done since 2009 — that is, sending Congress a major bill he conceived — Obama has forged what he hopes will be both a weapon and a shield. Politically, with his public [...]