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Transcripts For CNNW Erin Burnett OutFront 20120608

good evening, everyone. i m erin burnett. outfront tonight is the economy, stupid. in a surprise news conference today the president blamed congress for keeping americans out of work. they left most of the jobs plan just sitting there, and in light of the head winds that we re facing right now, i urged them to reconsider because there are steps to take right now to put more people back to work. the president is angry that congress has not passed his jobs bill, which sat on the shelf since last fall. part of it did pass. the payroll tax cut extension and long-term unemployment insurance, but the president wants to pass the rest immediately and the price tag is $297 billion. his bill summary, which we obtained from the white house, says that money will go to things like preventing teacher layoffs, modernizing schools, building science labs for a total of $297 billion. does spending more at up? we did the math on how much money taxpayers have spent on stimulus since it beg

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