Fox News
Expand
Browse All Video
Watch Live

You're watching...

Good economic news for Obama?

Details

  • Description

    Impact of positive fiscal numbers on race

  • Duration 2:37
  • Date

Clips

Also in this playlist...

Elections

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

That is at this hour back at the White House for a campaign event.

Earlier he wrapped up a quick blitz of -- is aimed at reigniting reelection enthusiasm among one of his core constituencies.

But one issue looms over all others for all group's chief White House correspondent Ed Henry has the story.

As President Obama visited another university in another battleground state to push his plan to stop student loan interest rates from doubling.

Well.

House speaker John Boehner tried to preemptive declaring he'll have a Friday vote to freeze the rates it paid for it by dipping into funds for the president's health care law.

For the president to go out.

And to campaign office.

Public taxpayer funds.

-- -- an issue that just does not exist.

The move came after the president -- -- Boehner spokesman for charging the White House is trying to distract from the fragile economic recovery.

The economy.

Your future.

You do well.

Economy does well the battle came as the president got some positive news on the economy starting with a series of better than expected earnings reports.

That boosted Wall Street.

And may complicate Republican Mitt -- general election strategy what are we have to show for three and a half years of President Obama.

Is it easier to make ends meet.

After two days of meetings the Federal Reserve declared the jobs picture is actually getting better.

Predicted unemployment will be down around seven point 8% near the election.

Fed Chairman Ben Bernanke said the outlook for economic growth this year is also more optimistic.

Though he was careful to note there are still major headwinds from housing and the European debt crisis.

The most frustrating aspect I guess -- the recovery has been that is.

Has been that it's been quite slow those concerns are shared by the public in a new fox poll 83% of voters think the country is still in recession.

Including 35%.

Who say it could get worse.

Which is what president seems -- -- it in the -- -- -- even on some of these college campuses right.

Right now the economy isn't hitting that well and obviously a lot of jobs are being laid off.

Can I personally needed jobs -- -- you know everything that I've been going to get a try to get a job.

A senior administration official told me speaker Boehner has changed his position because the Ryan budget would keep these student interest rates high meanwhile there are also at loggerheads over had to pay for this deal.

The White House supports a plan that would change -- -- are taxed.

Which Republicans have denounced.

As unworkable.

Brett and Henry lot of north lawn and --

Load More