AP source: Obama to give major jobs speech

WASHINGTON

The president's plan is likely to contain tax cuts, jobs-boosting infrastructure ideas and steps that would specifically help the long-term unemployed. The official emphasized that all of Obama's proposals would be fresh ones, not a rehash of plans he has pitched for many weeks and still supports.

On a significant and related front, Obama will also present a specific plan to cut the long-term national debt and to pay for the cost of his new short-term economic ideas.

The official spoke on condition of anonymity because Obama has not disclosed his plans.

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