Obama Set To Unveil “American Jobs Act” In Prime Time Speech

President Obama tonight will unveil his proposal for an “American Jobs Act” in a prime time speech to a joint session of congress. The plan is designed to create new American jobs and the White House touts the fact that it will not add to the deficit.

The President’s plan involves tax cuts for small business, putting people back to work – including laid off teachers, veterans, first responders and construction workers, and help for those facing long-term unemployment.

The plan will be paid for by closing corporate tax loopholes while getting a “fair share” from the richest, who have had massive tax cuts over the last decade.