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Obama jobs package 'to include tax cuts'


Obama jobs package 'to include tax cuts'


President Barack Obama plans more than 200 billion euros worth of tax cuts and spending on infrastructure as well as aid to state and local governments as part of a job-creating package, according to US media reports.

Details will be announced by Obama in a nationally televised speech to Congress on Thursday.

The White House declined to comment on the reports. Obama’s aides have refused to go public with the estimated cost of Obama’s package or provide many specifics in advance, except to say that the proposals will have a “quick and positive” impact on boosting jobs at a time of stubbornly high US unemployment.

“We need to do things that will have a direct impact in the short-term to grow the economy and create jobs, and the president will put forward proposals that will do just that,” White House spokesman Jay Carney said.

Republicans criticised Obama for not including them in discussions on the package before his big speech and indicated any jobs bills could face tough passage through Congress.

“I have no doubt the president will propose many things on Thursday that, when looked at individually, sound pretty good, or that he’ll call them all bipartisan. I’m equally certain that, taken as whole, they’ll represent more of the same failed approach,” said the top Senate Republican, Mitch McConnell.

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