President Barack Obama speaks about exports, jobs, and the economy, Wednesday, July 7, 2010, in the East Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)
WASHINGTON (AP) - A senior administration official tells The
Associated Press that President Barack Obama will give a major
speech in early September to unveil new ideas for speeding up job
growth and helping the struggling poor and middle class.
The president's plan is likely to contain tax cuts,
jobs-boosting infrastructure ideas and steps that would
specifically help the long-term unemployed. The official emphasized
that all of Obama's proposals would be fresh ones, not a rehash of
plans he has pitched for many weeks and still supports.
On a significant and related front, Obama will also present a
specific plan to cut the long-term national debt and to pay for the
cost of his new short-term economic ideas.
The official spoke on condition of anonymity because Obama has
not disclosed his plans.
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