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Obama Urges Energy Investment to Boost Jobs

   VOA News 09 July 2010
   President  Barack  Obama speaks about the economy at the University of
   Nevada in Las Vegas, 9 Jul 2010

Photo: AP

   President  Barack  Obama speaks about the economy at the University of
   Nevada in Las Vegas, 9 Jul 2010

   U.S.  President  Barack  Obama  Friday  urged Congress to extend a tax
   incentive to boost investment in manufacturing clean-energy equipment.
   In  a  speech  in Nevada, Mr. Obama said a $5 billion tax credit would
   encourage  private  investors  to  put additional money into the clean
   energy industry, and create tens of thousands of jobs.
   Mr.  Obama's  remarks came in a campaign-style speech in which he also
   praised  Senate  Democratic  Leader  Harry Reid, who is facing a tough
   reelection fight in November.
   Democratics  in  Congress  are  striving  to  avoid losses in mid-term
   elections  for  one-third  of  the  Senate  and  the  entire  House of
   Representatives.
   The  electoral  chances  of opposition Republicans have been helped by
   the  unemployment  rate,  which  is slowly descending from its highest
   level in decades. Â
   The  Democratic  president  is  trying  to  persuade  voters  that his
   policies   are  working,  in  hopes  they  will  vote  for  Democratic
   candidates and preserve the majority Mr. Obama needs to keep advancing
   his agenda.

   Some information for this report was provided by AP, AFP and Reuters.

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