Stimulus should have more education money: Obama
ELKHART, Indiana (Reuters) - President Barack Obama on Monday called for tax breaks for companies that invest in the United States and said he would like to see education funding restored to the economic-stimulus bill.
"We still have laws on the books that give tax breaks to companies that are shipping jobs overseas, and I think it's important for us to give tax breaks to companies that are investing right here in Elkhart, and right here in the United States of America," Obama said at a rally to promote the more than $800 billion bill.
Obama said the stimulus package needs to include more education funding to build a skilled workforce that will encourage businesses to invest domestically.
"I'll be honest with you, the Senate version cut a lot of these education dollars. I would like to see some of them restored," he said.
- Tweet this
- Share this
- Digg this
- Children's corpses reveal desperate attempts to escape Korean ferry |
- Russia says it will respond if Ukraine interests attacked |
- Australia, Malaysia vow to keep searching to solve plane mystery
- Search for MH370 reveals a military vulnerability for China
- UK says scrambles jets to see off Russian planes near Scotland