KBTX | Bryan & College Station, TX | Aggieland News

Incentives for Small Business Among President Obama's Job Proposals

By: Associated Press Email
By: Associated Press Email

WASHINGTON (AP) - Republicans are denouncing it as another round
of deficit spending.

They're reacting to President Barack Obama's call for a new burst of federal spending aimed at jolting the economy into a stronger recovery and reducing double-digit unemployment.

The amount of the new spending hasn't been specified, but it's certain to be at least tens of billions of dollars.

Obama says the country must continue to "spend our way out of this recession" with a round of new incentives for hiring.

His proposals include more money for infrastructure projects, tax cuts and credit access for small businesses. They also include includes rebates to consumers who make their homes more energy efficient.


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