President Barack Obama heads to the home turf of his Republican congressional adversaries tonight to lay out a choice for voters as much as a plan for lawmakers.

His address to a rare joint session of Congress on jobs, the top concern of voters as the 2012 election campaign gets under way, will frame the government's response as one of either action or delay on reviving the economy. On taxes, the signature Republican issue, he will cast himself as a champion of relief for the middle class rather than for the wealthy.

Obama will propose a more than $300 billion stimulus plan in the Republican-controlled House's chamber as job growth stalls and the unemployment rate hovers above 9 percent. His job-approval ratings are scraping new lows as public doubts about his stewardship of the economy rise.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.