Saturday, June 9, 2012

Obama to speak about state of US economy

(AP) ? President Barack Obama will talk about the nation's economic woes in remarks at the White House Friday.

The White House says the president will address the state of the economy, including the debt crisis in Europe that continues to be a drag on the U.S. The president will also call on Congress to pass proposals that he says would put construction workers, teachers and first responders back to work.

Obama's statement in the White House briefing room comes in the midst of a rough patch for the president and his re-election campaign.

A dismal jobs report last week has raised new fears that the nation's economic recovery has slowed. And Obama's campaign raised less money last month than Republican rival Mitt Romney.

Associated Press

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