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Obama Turns To Executive Action To Sidestep Congress
ResumeAfter saying "we can't wait" for Congress to act, President Obama is slated to begin issuing a series of executive actions to move his economic agenda forward.
Monday's action will change the eligibility standards for a mortgage refinance program to help more underwater homeowners stay in their homes.
On Wednesday, the President will announce a policy change making it easier for college graduates to repay federal student loans.
White House officials say the President will announce a new initiative every week until the end of the year, including new rules to help veterans and small businesses.
- New York Times: Jobs Plan Stalled, Obama To Try New Economic Drive
Guest:
- Michael Shear, chief writer for The New York Times political blog, "The Caucus"
This segment aired on October 24, 2011.