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.