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that he ll announce a new jobs initiative in september. john king is cnn s chief national correspondent. americans need help now. the president apparently is going to offer something next month. next month because the president says he wants to talk to his economic advisers. they re reaching out to ceos. the white house says this will not be a repackaging of things the president has put on the table. extending the payroll tax cut, which the administration says hope to create jobs, extending unemployment insurance for people out there frustrated and can t find a job. the question is, what will they be. we know some will involve spending. government spending. house republican leadership have said that s stimulus. the administration says it will off set that spending with cuts elsewhere, so the president believes he will have the high ground politically. the question is, even when the president has a new package after labor day, can he get it through a republican house? ....

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