President Obama: "Tax Relief for Every Worker and Every Small Business"

President Barack Obama is shown a piece of cut aluminum during a tour of WestStar Precision, a small business that will benefit from the proposed American Jobs Act, in Apex, N.C., Sept. 14, 2011. With President Obama are, from left, employee Barry Blackman, co-owners, Ervin and Susan Portman, and North Carolina Gov. Bev Perdue. (Official White House Photo by Chuck Kennedy)

While in North Carolina today, President Obama met with Erv Portman, the owner of WestStar Precision, a company that creates parts for airplanes and one of the 170,000 small businesses in North Carolina alone that would benefit from the American Jobs Act. The jobs bill that President Obama sent to Congress this week will help companies like Erv's by cutting taxes when they hire new employees and raise the salaries of their current employees and by cutting their payroll taxes in half. The President also announced a new policy that will accelerate payments to small business government contractors so they can reinvest that money in the economy and drive job growth.

After talking with employees at WestStar Precision, President Obama headed over to North Carolina State University where he was greeted by over 9,000 people who are ready to get the economy moving again, including many students. Here's what the President said:

I came to talk about how America can get back to a place where we’re creating good middle-class jobs again -– jobs that pay well; jobs that offer some security; jobs that are available for all the young people who are going to be graduating from N.C. State.  Because I know that’s what the students are thinking about.  And we can do that if we can finally get Washington to act -– if we can get folks to stop worrying so much about their jobs and start worrying a little more about your jobs. 

President Barack Obama delivers remarks on the American Jobs Act in the William Neal Reynolds Coliseum at North Carolina State University in Raleigh, N.C., Sept. 14, 2011. (Official White House Photo by Pete Souza)

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Source: http://www.whitehouse.gov/blog/2011/09/14/president-obama-tax-relief-every-worker-and-every-small-business

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