(Ahlul Bayt News Agency) - Obama said at a White House news conference on Monday "I am not somebody who believes that just because we solve the deficit and debt problems short-term, medium-term or long-term, that automatically solves the unemployment problem,"
Obama backed economic stimulus plans such as the creation of an infrastructure bank, the extension of payroll tax cut and the passage of trade deals and said he would push for more economic stimulus if he could.
In a White House meeting on Sunday, Obama and his fellow Democrats tried to revive a push for a sweeping USD 4 trillion package that would cut the deficit through spending cuts and tax hikes.
However, Republicans urged a focus on a smaller, USD 2 trillion measure while insisting on their opposition to tax hikes for the wealthy.
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