WKYT | Lexington, Kentucky | News

Obama, lawmakers target bailout fund for jobs bill

WASHINGTON (AP) - President Barack Obama takes his defense of the economy on the road today and despite limited options due to big budget deficits, he's warming to the possibility of a job-boosting bill.

Obama has scheduled appearances today in Pennsylvania to showcase innovative businesses following yesterday's White House jobs forum.

The president is mindful of growing anxiety about federal deficits and says it is primarily up to the private sector to create large numbers of new jobs.

But congressional Democrats are eyeing up to $70 billion in unspent financial bailout money to use for infrastructure projects and saving public employee jobs.

November's unemployment figures are due out this morning and the jobs picture is expected to remain bleak.

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Diane Location: Mt.Sterling on Dec 4, 2009 at 11:15 AM
    Saw part of his speech before I got so disgusted I had to turn the channel. Instead of declaring victory at a .2 percent decline in jobless claims and finding one more excuse to blame the Bush administration for his economic mistakes, he needs to get back to Washington and do his job. The only thing he has been successful at is bloating our national debt double and triple from what he inherited. Until he cuts taxes and more importantly cuts government spending this recover will be long in coming.


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 78511097 - wkyt.com/a?a=78511097
Gray Television, Inc.