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President Obama Unveils September Economic Agenda

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    FBN's Peter Barnes breaks down President Obama's speech after the Senate approved the debt bill.

  • Duration 2:36
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-- -- The debt bill is now making its way to the president's desk and with president Obama's seal of approval we will have -- lifted a debt ceiling and avoided.

As a White House puts one crisis to arrested has plenty more to tackle.

President Peter Barnes.

I just promoted you think there a thought that's it Peter Barnes took a cut back joins us from the White House Peter well I'm just -- talking.

-- -- after our have an -- that are always always be Peter TI just a day and I keep telling you Peter.

Let's senior Washington correspondent is Dicey and not -- I think it makes me feel old okay.

-- the president that they expect that you know obviously welcoming -- the passage of this bill.

By the senate today 7426.

It is on its way down here technical thing has been certified.

Not that's not the official word but the speaker of the house that's the sign it.

And the president pro tem of the senate.

I've been in a way they all -- these the ranking Democrat that -- to sign it as well before it comes over here probably gets on sometime this afternoon but the president.

As expected pivoting now.

To his follow agenda and frankly his campaign his reelection agenda which is the economy and jobs once again.

The president saying that while deficit reduction is part of the fix for the economy it's not the whole agenda president clicking off six -- specifically.

That He wants to see congress do on that He plans to.

Propose through congress officially want once again when congress gets back from the August recess in September wants to extend the payroll tax cut.

For which of but it is about a hundred billion dollars and consumers taxpayers' pockets for another year extend unemployment benefits is which is worth another fifty to hundred billion or so depending on how -- wants to that.

Patent reform kind of -- -- corporate America says it's a good idea to help create jobs.

Trade agreements that -- free trade agreements pending before congress Panama Colombia South Korea.

Those are almost ready to go the White House and Republicans.

On act on it almost nearing agreement on moving those this idea of an infrastructure bank once again we heard from the president and as well I called for congress to.

Up finish at the funding bill for the Federal Aviation Administration which has been stalled before a lot of construction projects on I 70000 workers.

Idled -- we're also hearing just now off the Capitol Hill that it looks like the senate and house may be and there are getting to a compromise on that.

To allow those construction projects airport construction projects to resume its money.

All right thanks -- it sounds like all -- staff was a sideshow and now we're getting back to business.