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President Obama Presents The American Jobs Act ---- "The Time For Action Is Now" (V IDEO)

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President Obama says it's time to get Americans back to work!

Obama called on Congress to pass a $447 billion package of spending initiatives and tax cuts to boost economic growth. More than half of Obama's plan consists of payroll-tax cuts for employees and employers, an idea the White House hopes will appeal enough to Republican lawmakers to be enacted.

Obama's team says the "American Jobs Act" as a whole is designed to make the economy stronger now and get more Americans back to work.

What do you think? Are the proposals what the nation's economy needs?


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