Obama to embark on bus tour to sell Jobs Act
President Obama will embark on another bus tour later this month to sell his $447 billion jobs plan, a White House official confirms.
The president will travel through North Carolina and Virginia to continue his vigorous campaign on behalf of his American Jobs Act. Since unveiling the plan in early September, Mr. Obama has given a dozen speeches on the legislative package in seven states, including North Carolina and Virginia, according to CBS News White House correspondent Mark Knoller.
More than half of the plan is tax cuts for working Americans and small businesses. It also includes spending initiatives in areas like infrastructure.
The president has stressed that it is entirely made up of ideas that have won bipartisan support in the past. However, Republicans in Congress say they're opposed to passing the bill in its entirety, and Democrats have been slow to offer full-throated support for the measure.
Democratic leaders in the past week said they were largely held up over Mr. Obama's plan to pay for the bill, which relies on taxing corporations and wealthy Americans.
After Republicans called out Democrats for stalling the legislation, Senate Majority Leader Harry Reid on Wednesday said Democrats have modified the plan to pay for the bill and that he would bring the jobs bill to the floor within the next few days, upon completion of a China currency bill.
Mr. Obama went on a three-day bus tour in August, also to promote his economic agenda.
