Obama to Press for New Jobs Package - and Even Deeper Budget Cuts

Miami Herald - President Barack Obama will seek to set Washington's agenda in September by calling for new efforts to spur job growth and even deeper cuts in future federal budget deficits than called for in the widely panned deal he struck last month with lawmakers.

Speaking Wednesday at a town-hall meeting in Illinois, his home state, Obama said he'll continue to press for new tax revenue as he asks congressional negotiators to go beyond the $1.5 trillion in future deficit reductions that a special bipartisan joint congressional committee is charged with identifying.  Read more.