TPMDC Morning Roundup | Talking Points Memo

Obama Pitches Road Spending, Tax Incentives In Ohio Reuters reports: “President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs. Obama will travel to Ohio to tout programs that include accelerating $200 billion in business tax write-offs, which the White House says would eventually cost just $30 billion, an infrastructure spending boost of at least $50 billion, and increasing and permanently extending a tax credit for research and development costing $100 billion over 10 years. Obama’s speech is expected to be strongly political and it comes less than two months before congressional elections when his Democrats face the threat of big losses.”


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=121620