Obama to Hit the Road on Economic Plans
Obama wants to ensure that his economic proposals don't get lost in the shuffle in the coming weeks as Congress goes to work on an immigration overhaul and the confirmation process for Obama's second-term Cabinet nominees.
"Even though some in Congress are determined to create more self-inflicted economic wounds, there are things Washington could be doing right now to help American businesses, schools and workers," White House spokesman Josh Earnest said.
Typically, when Obama touches down for the day in an American town, he delivers a speech and shakes a few hands before returning to Washington. But these one-day trips will see Obama make multiple stops at locations that can serve to highlight elements of his economic proposals, and will take place every few weeks starting Thursday with Austin.
Among the policies Obama plans to push in Austin and elsewhere are proposals, announced in February in his State of the Union address, to dramatically expand pre-kindergarten programs and raise the minimum wage to $9 per hour. Both of those face resistance from some lawmakers who say they are too expensive and could put a drag on the economy.___ Reach Josh Lederman on Twitter at http://twitter.com/joshledermanAP
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV