Obama says jobs will be 'number-one focus' in 2010

Thursday, 28 January 2010, 02:54 Hrs   |    1 Comments
Printer Print Email Email
Washington: U.S. President Barack Obama has said that job creation would be his top priority this year and called on Congress to adopt a series of spending measures and tax incentives to bring down unemployment from a quarter-century high of 10 percent.

"Jobs must be our number one focus in 2010, and that is why I am calling for a new jobs bill tonight," Obama said in his first State of the Union speech to a joint session of Congress.

He proposed cutting taxes for small business and using $30 billion to encourage smaller community banks to restart lending to businesses and consumers.

"People are out of work. They're hurting. They need our help. And I want a jobs bill on my desk without delay," Obama said.
Source: IANS
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Wiley, a global leader in research and education has announced a series of blended learning progr..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..