Bloomberg News

Obama Says He’ll Bypass Congress to Get Elements of Jobs Plan

October 26, 2011

Oct. 26 (Bloomberg) -- President Barack Obama accused Republicans in Congress of rejecting measures that would revive hiring in the U.S., saying “bold action” is needed to boost economic growth.

“There are some in Washington who don’t seem to share the same sense of urgency” about the economy, he told a crowd of mostly students at the University of Colorado’s Denver campus. “How can you say no to creating jobs when so many people are looking for work?”

Obama spoke at the last event on a three-day trip through Western states aimed at driving a message that he would sidestep an “increasingly dysfunctional” Congress and take administrative action to help create jobs.

The president is laying out measures he can take without congressional approval, including altering a program to help homeowners refinance underwater mortgages and the steps to help ease the burden of student loans.

To contact the reporter on this story: Kate Andersen Brower in Denver at kandersen7@bloomberg.net

To contact the editor responsible for this story: Joe Sobczyk at jsobczyk@bloomberg.net


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