Obama Will Call on Republicans to Act on Jobs or Share Blame
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President Barack Obama will propose a reduction in payroll taxes for small businesses when he heads to the home turf of his Republican congressional adversaries tonight for a nationally televised address.
The payroll-tax reduction for employers will apply only to small businesses, according to administration talking points obtained by Bloomberg News. The president will also call for a payroll tax cut for employees, as well as aid for the long-term unemployed, funds for infrastructure spending and money for laid-off teachers and veterans, according to the document.