US downturn The Obama administration continued its fight back against its political and economic difficulties on Sunday, highlighting its push for a $100bn bill to boost job creation even as it put the final touches to a budget intended to cut the US’s yawning budget deficit.
Robert Gibbs, President Barack Obama’s spokesman, called for a bill “somewhere in the $100bn range” and portrayed it as a necessary further stimulus to reduce unemployment from its current level of 10 per cent. At the same time, Monday’s 2011 budget proposal is expected to seek $20bn of savings to tackle the deficit.
