U.S. President Barack Obama on Monday urged Congress to pass the 447-billion-dollar jobs bill that he proposed last week to revive the stalled economic growth.
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U.S. President Barack Obama (R) delivers a speech on the American Jobs Act at the Rose Garden of the White House in Washington DC, capital of the United States, Sept. 12, 2011. U.S. President Barack Obama on Monday urged Congress to pass the 447-billion-dollar jobs bill that he proposed last week to revive the stalled economic growth. Obama said that he is sending the American Jobs Act to the Congress on Monday and called for an immediate passage of the bill with no political games. (Xinhua/Zhang Jun) |
The passage of the bill will help lift economic uncertainty, put people back to work and boost the sagging economy, he added.
Facing a sluggish economic growth and stubbornly high unemployment, Obama unveiled a job plan on Sept. 8 including measures like payroll tax cuts for employers and employees as well as new investment in infrastructure projects.
Surrounded by firefighters, teachers, veterans, construction workers and others who would benefit from the initiative according to the White House, Obama said that the passage of the plan would provide timely help to U.S. job creators.
Obama proposed programs to prevent layoffs of teachers and keep police officers and firefighters on the job in the plan.
The massive plan is the third major stimulus package since Obama took office in early 2009 in the wake of the 2008 outbreak of the international financial crisis.
Obama stressed that the plan will be "fully paid for", adding that next week he will roll out a new plan to pay for the jobs bill and bring down the nation's surging deficit.
VietNamNet/Xinhuanet
