truck saying boy, look at that, gee, wish we could do something. they got to put the hose on this thing. with today s jobs report, some of the flames aren t jumping quite as big as they were, but they re still there. there are a number of things that congress could do. by the way, they all involve some sort of stimulus. that may be a dirty word around here, there s no other way to get there from here. you could extend the payroll tax cut, extend unemployment insurance benefits, good infrastructure ideas. the president may be talking about a tax credit idea targeted at veterans today to boost hiring. that could be done far more broadly and address new hires across the workforce. rana, the president s republican rivals are slamming him. it s open season since we re ramping up to 2012. this is what mitt romney said, when you see the what president has done to the economy in three years, you know why america doesn t want to find out what he can do in eight.
so they come up with a mini version of this. which will be throwing $50 billion and it will not leave a trace unlike the interstate highway system or the t.v.a. or the hoover dam which were real infrastructure ideas. this will not leave, absolutely nothing will be left behind. it will be a temporary fix. i like the way the president announces, we heard it will be a six-year plan. even lennon that the mostey to modesty to stop at five. shannon: pushed it another year. charles calls it a mini stem. others say pandering to union before the election. he was speaking to an organized labor crowd. are those fair accusations? yeah. look, he is speaking to a labor crowd. they re looking for labor jobs. blue collar jobs. so what we are talking about is the construction work and the like. things that put people in jobs to pay a good salary for someone who doesn t have a
ditch. so they come up with a mini version of this. which will be throwing $50 billion and it will not leave a trace unlike the interstate highway system or the t.v.a. or the hoover dam which were real infrastructure ideas. this will not leave, absolutely nothing will be left behind. it will be a temporary fix. i like the way the president announces, we heard it will be a six-year plan. even lennon that the mostey to modesty to stop at five. shannon: pushed it another year. charles calls it a mini stem. others say pandering to union before the election. he was speaking to an organized labor crowd. are those fair accusations? yeah. look, he is speaking to a labor crowd. they re looking for labor jobs. blue collar jobs. so what we are talking about is the construction work and the like. things that put people in jobs to pay a good salary for someone who doesn t have a
the white house say it s going to include many of the things we ve heard over the course of the past several weeks from the president extending that payroll tax cut that s in effect for this year. he wants to extend it for another year. infrastructure ideas, spending on traditional infrastructure like roads and bridges, highways and airports things of that nature. more help from the long-term unemployed. perhaps more significantly and specifically the president is also said to be considering something detailed in terms of a deficit reduction plan. you remember contessa of course, the supercommittee that was a result of that compromise on the debt ceiling is going to be coming up with plans before thanksgiving. the president s talking about including his own plan that will go higher than the 1.5 trillion plan that was mandated in that. you can better believe to satisfy his base many of whom were dissatisfied part of what we ve seen including in that town hall in detroit that it s going
the white house says the president s working on a major speech on jobs and the deficit that he ll deliver just after labor day. in it sources say he ll propose a mix of tax cuts, infrastructure ideas, and help for people who have been out of work for a long time. i m going to make my best case for where we need to go. we ve made progress since the start of this recession back in 2008. it hasn t been fast enough. we re at the white house now. mike, has there been any response from the white house about some of that criticism we heard from maxine waters and others about the president getting to work now? reporter: not specifically. obviously they re very sensitive to that criticism. the president obviously going to come off the three-day bus tour of minnesota, iowa, his home state of illinois today. tomorrow it s the first family vacation. an annual vacation on martha s vineyard. there s been plenty of criticism about that. after 900 days in office the president is going to wait