Alexis Simendinger, RCP
Hurricane Irene tested Washington's tolerance for high water and dry wallets, which was probably a useful exercise for President Obama, who must decide by next week whether he will challenge congressional Republicans to help America's unemployed on GOP terms, or on his.The president is preparing a major speech for delivery after Labor Day that will advocate proposals to help create jobs and improve economic growth. Obama wants to act in a fashion that, he will argue, also supports the bipartisan goal of shrinking budget deficits.The president will mix policies that would require...
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