President Barack Obama said spending to rebuild the nation's infrastructure is a key component of his plan to reignite the economy and boost hiring.

In a speech marking the U.S. Labor Day holiday, Obama told a Metro Detroit Central Labor Council rally today that the jobs agenda he'll unveil in a speech to Congress on Sept. 8 will include proposals that previously have had support from both parties, including putting people back to work by repairing roads and bridges.

The president challenged Republicans in Congress to get behind measures to create jobs, including tax breaks to spur hiring.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.