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Obama Working On Job Creation

President Barack Obama is unveiling a fresh package of steps to spark job creation.

The package reportedly includes new tax breaks, easier credit for small business and incentives for weatherizing homes. And the president says part of it could be paid for out of the financial market bailout fund. By the latest reckoning, about $200 billion cheaper.

Top Democrats hope to spend about a third of that. But a partisan rumble is shaping up with irate Republicans who say that cash should go to pay down the massive deficit.

Obama speaks on the economy today at the Brookings Institution.


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