Obama continues with GOP charm offensive

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March 8, 2013, 6:22 am
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(NECN/NBC News: Tracie Potts) - The Labor Department's monthly jobs report comes out Friday and while it won't affect jobs lost due to Washington's massive budget cuts, it will give us some idea where the economy is headed.

Both sides seem hopeful this direct contact will be effective with the President on one side, Republicans on the other and Americans in the middle.

We're at 7.9-percent unemployment rate and economists don't predict much change Friday morning:

"This coming month it will probably decline, so it will get down to 7.8, and then we're gonna stay there and maybe notch a little higher this summer," says Mark Zandi of Moody’s Analytics.

It's a mixed bag: insurance giant Metlife is adding 2600 new jobs in North Carolina. But in Minnesota, IBM is moving dozens of jobs to Mexico.

Border patrol just sent out 60,000 furlough notices.

And Nebraska base workers wait for the impact of budget cuts.

"I will literally, probably not buy food," says Tracy Killian, Offutt civilian worker.

To fix it, President Obama is reaching out one-on-one to republicans. He'll meet them on Capitol Hill next week.

After a White House sit-down with Budget Chair Paul Ryan and his committee's top democrat:

"Coats off, sleeves rolled up, really discussing ways that we might begin to bridge some of the differences..." says Rep. Chris van Hollen.

"I'm hopeful that something will come out of it but if the President continues to insist on tax hikes, I don't think we're going to get very far," says House Speaker John Boehner.

Americans are not so patient:

"Compromise, meet in the middle, make it happen, get it done," says Kris Wilner.

And fix it soon because the next budget crisis is less than three weeks away.

The House passed their budget Wednesday. We should see the Senate's budget next week.

Tags: President Obama, Capitol Hill , John Boehner, Republicans, jobs report, Paul Ryan, budget battle, Tracie Potts, chris van hollen, NBC news, Mark Zandi, house budget committee, tracy killian, kris wilner
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