Obama preparing $300 billion jobs package: But will it make any difference? Are we at the endgame?

Where is the energy to produce that money going to come from?

President Barack Obama is preparing to roll out a roughly $300 billion plan to strengthen the shaky economy and stimulate new job growth, according to multiple Democratic sources.


The president is expected to unveil his plan -- focused partly on new infrastructure spending and targeted tax cuts -- during an address to a joint session of Congress Thursday evening.


"I'm going to propose ways to put America back to work that both parties can agree to, because I still believe both parties can work together to solve our problems," Obama said in a Labor Day speech in Detroit.


The plan's prospects in a sharply polarized Congress -- particularly with the 2012 presidential primary season looming -- appear murky at best. Some Republicans have already dismissed it, saying any proposal from the president will amount to little more than a continuation of what they characterize as his failed 2009 stimulus plan.

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