President Obama was in Ohio today to unveil new proposalsaimed at jumpstarting the economy.
Speaking near Cleveland, the President once again urged Republicans to stop blocking a vote on a Small Business Jobs Bill.
Obama proposed billions in new business tax breaks to spur business activity and create new jobs.
Treasury Secretary Timothy Geithner spoke to Maria Bartiromo in a First on CNBC interview and told Bartiromo that the proposals “can make powerful impact.”
Geithner said, “first order of business is for Congress to pass the very important tax breaks for small business so they can hire people back again and once again be the engines of job creation in this country. Second, extend the tax cuts to middle Americans so they know today their taxes are not going up. Those two things themselves are the most important things right now.”