Obama expected to announce tax cuts, new job proposals

As the presidential election nears, President Barack Obama is expected to announce a package of tax cuts and help for millions of Americans without jobs. The G.O.P reacted to the news, casting doubt on any such plan being successful.

In a speech following Labor Day, Obama is expected to address the nation in a speech that will discuss the job debate heading into the fall and winter seasons. The president is seeking re-election with unemployment close to nine percent.