Jarrett Says U.S. Must Invest in Infrastructure
“It’s smart spending,” Jarrett said in a Bloomberg Television interview today. The president is pushing for such investments in an effort to reduce the unemployment rate of 9.4 percent.
Jarrett said Obama won’t endorse any specific recommendations of his deficit reduction commission, such as raising the Social Security retirement age but said he has asked Budget Director Jack Lew to examine them.
“Tonight is really about the broad framework,” Jarrett said.