- Planetary alignment peaks with celestial show this weekend
- UK fighters escort Pakistan plane to airport, two arrests
- Sixth night of violence in Sweden, but police say capital calmer |
- Judge rules against 'America's toughest sheriff' in racial profiling lawsuit
- Justice Department defends journalist email search
Obama set to go beyond $1.5 trln budget cuts-official
WASHINGTON, Aug. 17 |
WASHINGTON, Aug. 17 (Reuters) - U.S. President Barack Obama is preparing a detailed deficit-cutting plan that goes beyond the $1.5 trillion target a congressional committee is aiming for, White House officials said on Wednesday.
The officials said job creation measures may be part of the final package that comes from that so-called super committee, which was created to identify extra budget savings as part of a deal to raise the debt ceiling.
Obama's deficit-cutting ideas will be included in a major speech on job growth planned for early September. His jobs plan has not been finalized but may include measures including tax cuts, infrastructure investment, help for the long-term unemployed and support for specific sectors of the economy in particular need, the administration officials said. (Reporting by Laura MacInnis and Alister Bull; Editing by Eric Beech)
- Tweet this
- Share this
- Digg this