AP In this Aug. 1 photo, House Majority Leader Eric Cantor leaves the House chamber in Washington.
President Obama announced Monday that he will outline his new jobs plan next week, calling job creation an "urgent mission," as House Republicans unveiled a new set of jobs proposals aimed at stripping regulations and easing the tax burden on small businesses.
Details of the president's plan are sparse, but the president offered broad strokes during an announcement naming Alan Krueger as his nominee to lead the Council of Economic Advisers. Obama said the plan would "immediately" help middle-class families, make it easier for small businesses to hire and put construction crews to work.
"These are bipartisan ideas that ought to be the kind of proposals that everybody can get behind," he said.
Upping the ante as officials look to reset the economic agenda, both parties may be forced to moderate past proposals.
With a supercommittee tasked with finding $1.5 trillion in deficit savings before the end of the year, Democrats' hands are tied when it comes to New Deal-style programming. One outgoing Obama economic adviser insisted the president won't be offering another stimulus proposal.
On the Republican side, House Majority Leader Eric Cantor, in a memo to fellow Republicans Monday, narrowed the GOP focus on job growth to two prime areas -- regulation and tax treatment of businesses.
Read more: http://www.foxnews.com/politics/2011/08/29/house-republicans-pitch-jobs-plan-obama-says-new-agenda-coming-next-week/#ixzz1WRgZmT9E
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