Obama proposes further stimulus to spur economy – Telegraph

The White House could seek billions of dollars in new spending through a mix of measures designed to reignite the faltering recovery.

“There are some immediate things we can do around infrastructure, tax policy that would make a difference in terms of people hiring right now,” President Obama said in a television interview.

The plan is likely to include tax cuts, spending on the country’s infrastructure as well as policies for the long-term unemployed. The move by the White House come as fresh figures showed that despite the economy’s struggles, prices across the economy are actually rising.

via Obama proposes further stimulus to spur economy – Telegraph.

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