US President Barack Obama, facing waning confidence among
Americans in his economic stewardship, plans to lay out a
$US300 billion ($NZ363 billion) job-creation package on
Thursday, CNN reported, citing Democratic sources.
US President Barack Obama has previewed proposals for new
infrastructure spending and an extension of payroll tax cuts
as part of a major jobs package he will unveil this week, and
challenged Republicans to find common ground with him.
US President Barack Obama has urged Republicans not to play
politics with federal disaster aid as he toured
flood-stricken New Jersey and pledged to do everything
possible to help states recover after Hurricane Irene.
Wall Street money is heavily favouring Republican
presidential candidate Mitt Romney in the race to unseat
President Barack Obama, the latest signal of business unease
with Obama's tenure and perhaps a bet on his re-election
With scant time to spare, President Barack Obama signed
legislation to avoid an unprecedented national default that
he said would have devastated the US economy. But the truce
with Republicans that defused the crisis seemed to be fading
Racing to avoid a government default, President Barack Obama
and Republican congressional leaders have reached urgently
for a compromise to permit vital borrowing by the Treasury in
exchange for more than $2 trillion in long-term spending
It is likely that when Prime
Minister John Key met United States President Barack Obama
and other high-ranking US officials he was pressed to extend
New Zealand's commitment to its mission in Afghanistan.