President Obama sought this morning to put his proposal to create American jobs at the top of Congress' to-do list. The president has traveled the country in recent weeks, trying to rally public support for his $447 billion plan. And today, he held a press conference at the White House.
PRESIDENT BARACK OBAMA: And the reason I keep going around the country talking about this jobs bill is because people really need help right now. Our economy really needs a jolt right now.
<p>Millionaire James (Art) Pope poured money into helping a Republican strategy called RedMap succeed in North Carolina. The project is aimed at taking over state legislatures and then leveraging those victories to shift the balance of power in Washington.</p>
In early 2010, Republican strategists launched a new project called RedMap. The idea was to flip as many state houses across the country to Republican majorities during the 2010 election cycle — particularly in states where congressional redistricting was pending.
<p>Steve Jobs introduces new MacBook Air models at Apple headquarters on Oct. 20, 2010. Some say one of his greatest legacies is his impact on design. </p>
Credit Justin Sullivan / Getty Images
Steve Jobs, who passed away Wednesday at the age of 56, was obsessed with computers from an early age. In 1975, when he was 20, Jobs was part of the Homebrew Computer Club — a group of early computer enthusiasts obsessed with making computers more popular.
"People [would be] all together in a room, jostling, bubbling with ideas, bringing in new technology, new chips, new displays, new networks, new software, everything new," says John Gage, a former member of the club.
Despite concerns about Congress and the European debt crisis, most U.S business owners remain optimistic and expect growth to continue this year, the heads of both General Electric and FedEx said Thursday.
"There's still a lot of growth," GE CEO Jeff Immelt told about 600 executives attending a conference on middle-sized businesses. "It's a long, slow recovery...but it is getting better."
FedEx CEO Fred Smith agreed, saying that shipments of goods continue to reflect a growing economy. "We don't see a contraction," Smith said. "Just slow growth; steady as she goes."
<p>New Jersey Gov. Chris Christie turns to leave a news conference at the Statehouse in Trenton on Tuesday after he announced that he will not run for president in 2012. </p>
Credit Mel Evans / AP
With New Jersey Gov. Chris Christie (once again) declining to enter the Republican presidential primary race, his core group of financial industry fundraisers – a group that had been urging him to run – went looking for new candidates to endorse.
President Obama is this hour holding a news conference at the White House. We're live-blogging, so be sure to hit your "refresh" button to see our latest additions. If you'd like to hear the news conference, click "LISTEN LIVE" in the box above.
Update at 11:12 a.m. ET. On Tax Cuts:
Republican lawmakers make the case that the president's $447 billion jobs bill relies too much on tax increases and not enough on spending cuts.