Barack Obama, Jobs | featured news

President Obama unveiled a new proposal that he says will create jobs and grow the economy... The proposal also companies to take immediate tax deductions for the full cost of new equipment. Those deductions hope to spur $50 billion in new investments through next year.

End tax breaks that reward some U.S. companies with overseas subsidiaries and encourage those businesses to create jobs in other countries, President Barack Obama is telling Congress.

The president’s initiative would create jobs quickly by emphasizing long-term transportation projects like roads, rail and airport runways.

In the wake of a new jobs report showing increased unemployment, President Obama today said the steps his administration has taken to improve the economy are working, but not fast enough. He called on Congress to pass a small business bill and said he would announce next week a broader set of ideas to accelerate job creation.

House Minority Leader John Boehner of Ohio used a speech in Cleveland to blame Obama's spending, tax and regulatory policies for creating uncertainty and stalling economic growth. He also criticized extended jobless benefits and money for states to save the jobs of teachers, police officers and firefighters.

A majority of Americans believes President Barack Obama has neglected job creation and economic fears are weighing heavily on Democrats ahead of November 2 elections, a Reuters-Ipsos poll found on Tuesday.

Some business groups, upset about budget and regulatory policies they say are costing jobs, are accusing President Barack Obama of pursuing an agenda that is hurting the U.S. economic recovery.

The sweeping overhaul of the nation's financial industry is President Barack Obama's answer to the nation's outrage over Wall Street bailouts. But come November if more Americans don't have jobs, Democrats in Congress could very well lose theirs, too.

President Barack Obama on Saturday pinned blame on Republicans for making life harder for the unemployed and for those who could lose their jobs without new federal intervention. He did so even as he sought to distance himself from the ...

The White House said the economic stimulus bill created or saved about 2.5 million jobs through the first quarter, mostly as a result of tax relief and financial assistance to lower- and middle-income families.