Obama: Economy Showing Signs of Strength

President Barack Obama says the economy is showing new signs of strength. He's pointing to the auto industry, new jobs and a recovering housing market as signs of progress.

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by Associated Press

WASHINGTON- President Barack Obama says the economy is showing new signs of strength. He's pointing to the auto industry, new jobs and a recovering housing market as signs of progress.
   
In his weekly radio and Internet address, Obama calls on Congress to do more to ensure that progress continues. He's asking lawmakers to invest in roads and bridges, pass a comprehensive immigration overhaul and let homeowners save money by refinancing at low interest rates.
   
Obama says there's reason to be optimistic about the country's direction, but there are more jobs to create and more kids to educate.
   
In the Republican address, Alaska Gov. Sean Parnell says Republican governors are balancing their budgets and should be an example for Obama. He's calling on the president to ramp up domestic energy production.

Parnell says the nation would feel an "economic boom" if more federal lands were unlocked for energy development.
    
His comments came in the Republicans' weekly address, which was released Saturday.
    
Parnell used the national platform to focus on energy, and to call on the president and Congress to do more to open up federal lands for development. He noted the state's recent proposal to help fund efforts to determine the true oil and gas potential in the Arctic National Wildlife Refuge, which is off-limits to development. He said that's one example of how Republican governors are "trailblazing the path to the future."
    
He also noted changes to oil taxes and permitting recently approved by Alaska's legislature, which he said are aimed at creating more opportunities for Alaskans.
 

You can find out more about President Obama's speech here, and Governor Parnell's can be found here.

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