Financial Regulatory Forum

Obama unveils $33 billion tax credit to boost jobs

January 29, 2010

By Steve Holland

BALTIMORE, Jan 29 (Reuters) – President Barack Obama on Friday proposed $33 billion in tax credits to coax small businesses into hiring workers as he underscored his commitment to pushing job creation to the top of his agenda.

FACTBOX-Obama plans $33 billion job and wage tax credit

January 29, 2010

WASHINGTON, Jan 28 (Reuters) – U.S. President Barack Obama plans a $33 billion tax credit to encourage small businesses to hire workers and boost wages. Details of the plan, which will be laid out on Friday when the president visits a small business in Baltimore en route to speak to Republican lawmakers holding a retreat there, include:

Obama sets plan to spur jobs, without busting budget

December 7, 2009

U.S. President Barack Obama greets workers as he tours Allentown Metal Works in Allentown, Pennsylvania, December 4, 2009.  By Patricia Zengerle

WASHINGTON, Dec 7 (Reuters) – President Barack Obama will lay out policy proposals to combat double-digit unemployment in a speech on Tuesday tackling an economic problem that has become a political drain on his young administration.