First up, President Obama's new jobs plan. Last night, the President unvealled the details of his plan to put more Americans back to work in a speach to both Houses and Congress. Mr.Obama's proposal, the cost of which could top 400 billions of dollars, comes as the nations unemployment rate remain stuck at around 9%. So may folks are eager to hear the President's idea. Here so what he had to say.

The purpose of the American Jobs Act is simple. To put more people back to work and more money in the pockets of those who work. It will creat more jobs for construction worker, more jobs for teachers, more jobs for veterans, and more jobs for long-term unemployment. It will provide.....it will provide a tax rate for companies who hire new worker. And it will cut payroll taxies in half for every working American and every small business. It will provide a jot to the economy that stalled and give companies confidence that they say "invest" and they say "hire". There will be costomers for their products and services. 

Yal, keep in mind this is the President's plan and it's still needs to be approved by Congrss. And some members of Congress had been critical of the government spending more money. The top ranking Senator Republican says he considers this is another attemped policies that have already been tried in don't-work.

Government spending was the answer we've been in the middle of the brum*** right now. We've been on the spending spree over the last two years. This increase our debt at 35%. We've lost 1.7 million jobs since the last stimulas.

Job creation was one of the many topics covered wednesday night at the Republican Presidential Debate in Sumidali, California. It came at a space of an range of issues including everything from social security to healthcare reform. The debate was one of several that will take place by the end of the year. The next one is coming up on Monday in Temp, Florida. You can tune in to watch that live on CNN at 8 PM eastern.

 

we told you yesterday how wildfires were raging across Tex. And we spoke to a woman there who lost her home to the fires. Now a different part of the country is also facing disaster. What's left of the Tropical Storm Lee has moved across the north eastern US, triggering some of the worst flooding aerea has ever seen. Flash water warnings were implaced from Washinton all the way to western New England. Tens of thousands of people have been told to leave their homes and at least three people have died.