Obama to extend Tax Credits

President Barack Obama on Friday will outline a proposal to extend more tax credits to small businesses in the hopes of spurring jobs growth, Labor Secretary Hilda Solis said.

“We’re going to have to work harder to create more jobs,” U.S. Labor Secretary Hilda Solis told Bloomberg television. “The president will outline more tax credits for small business because they are the engine of growth.”

President Obama is scheduled to make a statement on the economy at 3:40 p.m (CST)

Source: Reuters

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