Obama seeks new spending

Subject: txt econ mny tax - intl sclm -
Obama this weekend asked Congress to pass legislation that amounts to much the same thing: extending some of the first stimulus bill's programs and adding some of the White House's new priorities such as a tax on big banks. Five months from congressional elections and with the job picture still gloomy, Mr. Obama said the country is "at a critical juncture" economically.

He asked lawmakers to pass a bill that would fund state and local governments...

READ MORE