WASHINGTON (AP) — A top White House economic adviser says Republicans will be risking another recession if they block President Barack Obama's jobs bill.
Gene Sperling says that without the measures outlined in the president's nearly $450 billion bill, the economy faces the possibility of stalling or having a downturn. In an interview with The Associated Press, Sperling questioned why Republicans would want to take that risk.
Sperling spoke shortly after the Labor Department released new jobs numbers showing the economy added about 103,000 jobs last month. The unemployment rate held steady at 9.1 percent.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
