Politics News Alert

Obama calls for new small-business tax breaks to stimulate economy

President Obama made a fresh call Tuesday for another round of economic stimulus, proposing to spend more than $25 billion to offer tax breaks to companies to hire workers or pay them higher salaries.

The measure is Obama's first proposal aimed at addressing the still-weak economy since his reelection and an acknowledgment that though it is no longer a political threat, the nation's unemployment rate of 7.9 percent remains a significant problem.

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http://www.washingtonpost.com/business/economy/obama-calls-for-small-business-tax-breaks/2012/11/27/83575192-389d-11e2-b01f-5f55b193f58f_story.html

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