Obama proposes 'grand bargain' with Republicans for jobs

JAMES CRICHLOW

President Barack Obama on Tuesday will extend a new proposal to Republicans that he hopes will break the political gridlock on budget negotiations.

Staff Jacksonville Business Journal

President Barack Obama is extending a new proposal to Republicans that he hopes will break the political gridlock on budget negotiations, offering to cut corporate tax rates in exchange for job investments, the Associated Press reports.

Obama plans to use a trip to an Amazon.com distribution center in Chattanooga, Tenn., on Tuesday to propose a ?grand bargain for middle-class jobs.? White House officials say just because they?re at an impasse with congressional Republicans over reducing the deficit doesn?t mean they shouldn?t look for other areas of agreement.

Source: http://feedproxy.google.com/~r/vertical_26/~3/JlL8a1BWPDg/obama-proposes-grand-bargain-with.html

Misty May And Kerri Walsh Jake Dalton London 2012 field hockey Missy Franklin Hunter Pence NBCOlympics Danell Leyva