Barack Obama on Saturday said he wants to strengthen the labor market by closing tax loopholes that would encourage companies to send jobs overseas; he's aiming to replace the tax loopholes with new policies that would allow companies to write off the cost of new equipment, provide tax breaks for clean-energy manufacturing and make the research and experimentation tax credit permanent. Mr. Obama on Saturday argued that congressional Republicans would reward companies that create jobs and profits overseas instead of fighting to close tax loopholes. Speaking just weeks before the midterm elections, Mr. Pence argued that Republicans would better address the country's weak labor market and economic woes.
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