11-05-2024  3:28 pm   •   PDX and SEA Weather

Julie Pace the Associated Press
Published: 08 September 2010

WASHINGTON – President Barack Obama is pitching a trio of economic proposals Wednesday in an effort to show the public he's taking action to spur economic growth.
The Skanner News Live Video here
During a trip to Cleveland, the president will outline a $50 billion infrastructure investment, a permanent expansion of research and development tax credits for companies and new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011.
The administration hopes the proposals will increase business and consumer confidence, while also giving Democrats a boost in the November elections. But each proposal would require congressional approval, which is highly uncertain given Washington's partisan atmosphere.

Recently Published by The Skanner News

  • Default
  • Title
  • Date
  • Random

theskanner50yrs 250x300