Wednesday, September 08, 2010

"President Promises Business Tax Breaks" in Ohio (video)

C-SPAN, with video (47:49):
President Obama layed out his plan for stimulating the national economy and job creation in Cleveland today. He discussed extending tax cuts for the middle class, and announced new policies for businesses to write off the purchase of new equipment.

In his speech, the President said he will extend Bush-era tax cuts for those making making $250,000 or less. He also said that for any income over this amount, "the tax rates would go back to what they were under President Clinton."

President Obama will continue to discuss the economy and jobs on Friday when he holds a White House news conference to outline additional efforts to help revive the economy.

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