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Saturday, September 4, 2010

Obama to Link Tax Plan, Hiring

From: The Wall Street Journal

Obama to Link Tax Plan, Hiring
http://online.wsj.com/article/SB10001424052748704855104575470063205601090.html


With the job market stuck in neutral, the Obama administration is moving toward using the revenue from expiring tax cuts for the wealthy to finance about $35 billion of tax cuts for small businesses and workers, administration and congressional officials said Friday.

The employment report for August, which showed a slight uptick in unemployment and anemic private-sector job creation, put new impetus on the White House to produce a labor-policy response. President Barack Obama said he would be proposing additional economic measures next week, when he speaks Monday at a union picnic in Milwaukee and in a Wednesday address in Cleveland. . . . .

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