White House pursues ways to boost economy

The White House is exploring new proposals to boost the struggling economy, including tax cuts to spur hiring and programs that could provide a lift to the housing market, as President Obama shifts his focus from the debate over the debt, said people familiar with the efforts.

Obama, who is planning a three-day bus tour of the Midwest this month to discuss the economy, has been searching for ways to generate economic growth that could attract broad public support.

White House officials are weighing a proposal to offer tax cuts to employers in return for hiring new workers. The administration considered this idea last year, but it gave way to a broader payroll tax deduction for workers in a bipartisan deal in December.

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Anthony Faiola 04 Aug, 2011

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Source: http://feeds.washingtonpost.com/click.phdo?i=358e40c78730cc081e3161d6cbde9263
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