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Obama promises new efforts to boost economy
The Washington Post: Under pressure to revive the faltering recovery, President Obama said Monday that he and his economic team are discussing "additional measures" to bolster growth and spur hiring, including "further tax cuts" to encourage businesses to create jobs.
Obama offered no new proposals during brief remarks in the Rose Garden, saying he would provide details "in the days and weeks to come." Meanwhile, he urged Senate Republicans to drop their "blockade" of a Democratic measure aimed at aiding small businesses by cutting their taxes and creating a $30 billion loan fund to give them easier access to credit.
