Posted by: Audiegrl
“While this jobs bill is absolutely necessary, it is by no means enough,” Obama said during a sunny Rose Garden bill signing ceremony. “There is a lot more we need to do to spur hiring in the private sector and bring about a full economic recovery; from helping creditworthy small businesses get the loans they need to expand, to offering incentives to make homes and businesses more energy-efficient, to investing in infrastructure so we can put Americans to work doing the work America needs done.”
Obama also urged lawmakers to consider a new estimate from the Congressional Budget Office that the health-care legislation will reduce the federal deficit by $130 billion in the first decade and $1.2 trillion in the next. He said it represented the “most significant effort to reduce the deficit” since the Balanced Budget Act.
“I urge every member of Congress to consider this as they prepare for their very important vote this weekend,” Obama said.
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