Economy

Follow PBS NewsHour’s complete coverage of the Economy, Wall Street and other financial stories.

The U.S. economy generated new jobs in January at the fastest rate in more than two years, while the unemployment rate tumbled to a four-month low of 5.7 percent, the Labor Department said Friday.

President Bush submitted his $2.23 trillion budget plan to Congress, saying it will get the economy going again while taking care of social needs and protecting the U.S. from attack. Experts analyze the proposed budget plan.

President Bush warned in his State of the Union address that the U.S. will see that Iraq is disarmed, even if that means launching military strikes. Kwame Holman reports with excerpts from the president's speech.

The president also spoke last night about his plan to fix the economy's troubles. Ray Suarez then discusses the president's economic proposals with Rep. Benjamin Cardin (D-Md. ) And Rep. Jim McCrery (R-La.).