Politics
Obama to promote plan to create jobs
Obama made private-sector infrastructure investment a key part of the economic agenda he rolled out in his State of the Union address last month. He also called in his address for a “Fix-It-First” program that would spend US$40 billion in taxpayer funds on urgent repairs.
Obama’s focus on generating more private sector investment underscores the tough road new spending faces on Capitol Hill, where Republican lawmakers often threaten to block additional spending unless it is paid for by tax cuts or other measures.
The official said any increased spending associated with the proposals Obama was outlining Friday would not add to the deficit. But the official did not detail how the costs would be paid for, saying only that more information would be included in the president’s budget.
Obama will release his budget April 10.
Copyright 2013 The Associated Press
