Obama: Congress should extend payroll tax cut

(AP) - President Barack Obama is calling on Congressto extend a payroll tax cut for one more year to boost the economy.

In a news conference Wednesday, the president pressed Congressto approve other measures he said could help spur job creation.

Among them were legislation to make it easier for entrepreneurs topatent their ideas, a bill that would make it easier for states andconstruction companies to obtain loans for road and bridgeprojects, and trade agreements with South Korea, Panama andColombia.

Obama made his remarks amid persistent signals that the economicrecovery has slowed. Obama has been promoting job creationinitiatives as public opinion polls show that the state of theeconomy has weakened his job approval standing.

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