Washington (CNN) - President Barack Obama called Wednesday for Republicans to work with his administration and Democrats in Congress on winding down the federal economic bailout program and creating jobs.
In a brief White House statement after meeting with congressional leaders from both parties, Obama said changing economic conditions since he took office called for new efforts to stimulate job growth.
Acknowledging "less than full bipartisan support" for his stimulus package and other steps "that have broken the free-fall of our economy," Obama said he hoped "we can move forward together."
One step would be ending the Troubled Asset Relief Program (TARP) from the previous administration that bailed out U.S. banks and automakers in danger of collapsing in the recession, Obama said.
"This program has served its original purpose and the cost has been lower than expected," the president said, adding that the savings would help pay down the federal deficit and invest in job creation.
Obama said he would work with congressional leaders from both parties on "how we can structure a plausible scenario to get to medium- and long-term debt reduction," saying such issues were neither Republican nor Democratic.
"I'm absolutely committed to working with anybody who is willing to do the job to make sure we can rebuild our economy," Obama said.
Sen. Mitch McConnell of Kentucky, the top Republican in the Senate, attended the meeting with Obama but signaled continued GOP resistance to the president's agenda, especially sweeping proposals such as health care reform and cap-and-trade energy legislation.
"We're willing to talk about some kind of job-creating measure, but the best thing we could do to get this economy rolling again would be to stop these measures from becoming law," McConnell said.
Such GOP intransigence sometimes bothers Obama, White House Press Secretary Robert Gibbs told his daily news briefing.
"Has the president been frustrated about this? Absolutely," Gibbs said, citing a lack of Republican support for the stimulus package and other steps that helped prevent "another Great Depression."
Now, Gibbs said, Obama was proposing job creation measures previously advocated by Republicans, such as increased investment in infrastructure development, cutting taxes for small businesses and helping them get access to capital.
"But, again, if the president outlines ideas that the Republicans have previously supported, and then Republicans seem unwilling to support the ideas they (previously) supported ..., you can leave it up to others to judge why it is they don't want to participate in a solution that we all agree and we've said in the past would put people back to work," Gibbs said.
Now he wants republican help with his agenda? After ramming gov't healthcare down our throats in some closed door deals? After cap and trade (I mean crap and tax)? After running up the deficit by nearly $3 trillion? And he's in trouble of his failure to generate jobs (gee, I wonder why?) and wants the republicans to bail him out? More like we're going to vote him out, I would say...
He didn't want input when he put the first worthless 800 billion stimulus package out!
President Obama's job approval rating has fallen to 47 percent in the latest Gallup poll, the lowest ever recorded for any president at this point in his term.
THE GOVERNMENT CAN CREATE JOBS.
Putting it in all caps doesn't make you right, GOPs.
And being ignorant makes you wrong.
Private jobs contribute to the economy, government jobs do not. Government jobs cost money, private jobs create money.
The GOP suggested these ideas be included in the Stimulus bill and were basically told "No"... and then the Democrats passed an $800B, pork laden, payback to Obama's supporters that didn't work (even though Obama said today he created or saved 1.6M jobs... yea right!)... now Obama "outlines" the exact same ideas the GOP came up with 10 months ago and is frustrated by the lack of cooperation. Wow...
Maybe if the Dems and Obama acted in a bipartisan way from the beginning we could have truly saved those faux jobs Obama is saying he saved or created and unemployment would have remained around 8%... the GOP are the ones who should be frustrated!
Yeah right Obozo! Why no bi-partisanship with your idiotic takeover of healthcare?
Barry, Nancy, Harry etal are like sixteen year olds with Daddy's credit card! Stop the spending and put the unused TARP money into paying off the embarrassing National Debt you and you liberal friends have created OK!
the republicans cannot be bipartisian on anything .they do not want Obama to fix the econ.
If Obama wants to create jobs for the unemployed American workers fast, start enforcing the immigration laws and send the 50 million illegals home. He could open some 17 million jobs over night.
But that would take leadership and that is not in his DNA.
If the GOP wants to be included in the process they have to answer one simple question;
"Under what circumstances would you be willing to vote in favor of the eventual bill? "
As long as they pride themselves on voting 100% against everything, they will never be included in anything.
If Obama really wants to create jobs for the unemployed American workers he can start enforcing the immigration laws and send the 50 million illegals home.
But that would some leadership and that is not in his DNA.
I thought the stimulus he passed in February was supposed to create jobs and keep us from going over 8% unemployment
Republicans aren't going to help create American people jobs they create wealth for the rich, they know nothing about jobs. Palin and her husband Todd quit their jobs to pander, they didn't care about the people of Alaska, only themselves. It's the Republican way.
This guy has had a an eight year already. Now just shut up
President Obama should at this juncture abandon attempts for bi-partisanship. The Goofy Obstructionist Party has clearly demonstrated they have no interest in ANY of the Obama administration's ideas or agendas, or offering plausible ideas of their own. He should rally consensus with the Democrats and sensible Independents. It is perfectly clear the RepubliCONS would rather see America fail than President Obama succeed. For this, this voter will NEVER FORGET and NEVER VOTE Republican EVER AGAIN !!! And wait until people under their 40's take over...the GOP will be extinct...that's a fact !!!
He needs help from the Republicans because he knows everyone in his party is as dumb as he is.
After cautious consideration Sarah Palin agreed to go hunting with Dick Cheney "up there in Alaska". When Cheney exited the woods alone everyone was concerned, especially the Republicans. Where’s Governor Palin they all asked? In perfect Political monotone Cheney replied: "She kept winking at the barrel of my shotgun and trigger didn’t like it."
Ha, Ha, Ha. Now thats funny, and transparency,right.! har, har.
Seeing these two together is scary....very very scary. Thank goodness they will be out of a job soon, but my guess is Obama will create a job for them. Perhaps Czars of some sort. God help us!
Democrats have proven their definition of bipartisan is.....it you don't agree with us and our socialist agenda just shut-up, step out of the way because we know what is best for the country.
The democrats have been in charge of congress for three years and Obama has been the president for nearly one year. What has congress done in the last three years to benefit America?
iF oBOMA IS A SOCIALIST, THEN I GUESS THE ELEPHANTS must be BANK robbers? I mean for the past 8 years, there was absolutely no oversight in teh financial areas.
God help us!! Please call in the Nobel Prize economists to tame the economy and turn off the noises from teh left and the right.
If Obama wants to create jobs, he needs to send troops on our southern border, and stop illegal Mexicans to cross our borders and take away jobs at a lesser pay, for us not to have the opportunity to secure employment. Also to go after the millions or so already in this country illegal Mexicans and send them home. A big effort, but rather simple than creating jobs out of a stimulus.
How many of these people howling about socialism are on midcare and social security. When they turn that down, then they can talk. Otherwise, it just makes them sound stupid! Grow up and try to do something constructive to help this county. President Obama didn't make this mess. Have all of these people been in a coma for 8 years while the Republicans spent like there was no tomorrow. I just have to shake my head when I hear all this talk about the hugh national debt, like it just happened.
the right is just a bunch of woonsockets. unable to cooperate only able to run off at the mouth!
House speaker Nancy Pelosi must of been a radical hippie from the 60s I am about her age and think nothing like her. She is a disgrace to people our age. . I would like to know what her children think about her in private She never talks about them. I wold love if Larry King live show would have one or all of kids on his show. She also is a horrible Catholic. I know because I am one