abc
QUICK LINKS:

Obama to cite income gap in economic speech

Created: 12/03/2013 6:05 PM KSTP.com

(AP) WASHINGTON - President Barack Obama wants to draw attention to the income gap between rich and poor in an economic address meant to both spur short-term congressional action and help set the agenda for the remainder of his presidency.

The White House says Obama in a speech Wednesday will renew his call for increasing the minimum wage, arguing that growing income inequality and stagnant wages threaten upward mobility and retirement security. Polls show the economy remains the single biggest concern for Americans, despite recent focus on problems with the health care law.

Obama also is expected to call on Congress to make a deal on 2014 spending, pass a farm bill with enough money for food stamps and extend unemployment insurance for the long-term unemployed before the end of the year.

Minneapolis/St. Paul

Few Clouds
79°
87° | 64°
  • Feels like: 79° F
  • Wind: NNW 14mph
  • Humidity: 42%
  • Wed Plenty of sun
    80° | 60°
  • Thu Mix of sun and clouds
    80° | 62°
  • Fri Scattered thunderstorms possible
    78° | 64°
  • Sat Partly cloudy, chance of a thunderstorm
    82° | 64°

Video

KSTP NEWS