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Obama: Extending Unemployment Benefits Will "Create Jobs Right Now"

PRESIDENT: "So, when Congress gets back in September I want to move quickly on things that will help the economy create jobs right now. Extending the payroll tax credit to put a thousand dollars in the pocket of the average American worker. Extending unemployment insurance to help people get back on their feet. Putting construction workers back to work rebuilding America.

"Those are all steps we can take right now that will make a difference and there is no contradiction between us taking some steps to put people to work right now and getting our long-term fiscal house in order. In fact, the more we grow the easier it will be to reduce our deficits."

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