Sunday, December 6, 2009

In Tuesday speech, Obama to promote new job ideas

In his latest job creation effort, President Barack Obama is trying to find practical and politically feasible ways of spurring hiring among skittish employers.

Among the ideas expected in his economic speech Tuesday is an expanded program that gives people cash incentives to fix up their homes with energy-saving materials, senior administration officials have told The Associated Press. Obama is leaning toward new incentives for small businesses that hire new workers and new spending on roads, bridges and other public works, the officials said.

The president also is open to a federal infusion of money to cash-strapped state and local governments, considered among the quickest and most effective — though expensive — ways to stem layoffs.

The officials spoke on condition of anonymity because the package and Obama's speech were being developed. The officials emphasized that Obama probably won't mention in his speech every job idea he will eventually support, and that his address is meant only as one step in a debate that's sure to keep going.

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