Obama takes latest jobs message to hard-hit Ohio - Spokane, North Idaho News & Weather KHQ.com

Obama takes latest jobs message to hard-hit Ohio

ELYRIA, Ohio. - President Barack Obama is calling on Congress to enact a new job-creation bill, demanding that it include tax breaks for small business hiring and for people who make their homes more energy efficient.
     
Neither one of those Obama-backed proposals was included in a jobs bill passed by the House in December. That $174 billion stimulus package is now before the Senate, where it faces a tougher road, in part because it is financed with deficit spending.
     
Employing us-against-them populist rhetoric on trip to Ohio Friday, Obama said in remarks prepared for a town hall audience that he "will never stop fighting" for an economy that works not just for the fortunate, but the hardworking as well.

You can also look for the President to strike the populist tone behind his latest crackdown on big banks.

"Never again will the American taxpayer be held hostage by a bank that is "too big to fail," said President Obama.

His proposal would limit how big banks can get and how they use federally insured deposits to make risky bets.

The White House said the proposal was long planned, not a response to Republican Scott Brown's Senate win and his appeal to independents.

The ranking Republican on banking sounded skeptical.

Alabama Senator Richard Shelby said, "If we mix politics with banking too much we're gonna have trouble with our economy."

Sources say the President overrode the objections of his top economic advisers to do it.

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