Obama asks $105B in public works, more jobless aid

(AP) - President Barack Obama is proposing spending $105 billion on public works projects as part of his package to spur job growth. He also is recommending that Congress renew nearly $50 billion in unemployment benefits for about 6 million people at risk of losing their jobless insurance.

The spending is contained in a broader $447 billion jobs planthat the president is unveiling Thursday before a joint session ofCongress.

The proposal also contains deeper payroll tax cuts for workersand new payroll tax cuts for businesses.

In addition, the plan proposes spending $35 billion so thatstates and local governments can prevent layoffs of teachers andemergency services personnel.

White House officials say the proposal represents a boldresponse to serious economic weakening.

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