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President Obama to promote jobs bill in NC

RALEIGH, NC (AP) — President Obama is coming to North Carolina to talk about his proposal to create jobs.

The White House said Friday in a news release that Obama will visit the Raleigh-Durham area Wednesday to talk about the $447 billion program of tax cuts and new spending he unveiled Thursday before a joint session of Congress.

Obama has offered no estimate of the number of jobs his plan would create. He said the tax cuts he recommends would mean $1,500 a year for the typical working family and $80,000 for businesses with 50 employees of average pay. Unemployment has been stuck at 9.1 percent for two consecutive months.

Obama also visited North Carolina in June, when he spoke about job creation at Cree Inc. in Durham.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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