President Barack Obama pressed forward with an expansion of his $787 billion stimulus plan Tuesday, unveiling job-creation proposals that largely build on the initial package, including a hiring tax credit that his own party jettisoned as unworkable and some business owners deemed ineffective.
In a speech at the Brookings Institution, Mr. Obama avoided calling his jobs push a new stimulus plan. But White House officials acknowledged that the president was taking stimulus components that he believed worked best and extending or amplifying them.
These include putting an additional $50 billion toward infrastructure spending, ramping up Treasury Department lending to small businesses through the Troubled Asset Relief Program, extending tax credits for business investment and offering state and local governments a fresh lifeline.
Other ideas that weren't in the February stimulus legislation include a tax credit that rewards companies for hiring workers and tax rebates for individuals who make their homes more energy efficiency.
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