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Source: David Jackson / USA Today
President Obama has a new argument for his jobs bill: Insurance against a renewed recession.
The nation needs to “put people back to work,” Obama told NBC News in an interview. “And when you look at what independent economists are saying about the American Jobs Act, my jobs plan, uniformly what they are saying is this buys us insurance against a double-dip recession.”
Obama is likely to echo this argument during a White House jobs speech at 10:40 a.m., when he will announce he is formally submitting the American Jobs Act to Congress.
Obama told NBC that his proposal “almost certainly helps the economy grow and will put more people book to work, and that’s what the American people want right now.”
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