WASHINGTON - President Barack Obama will unveil new measures to help struggling US homeowners on Monday in the first leg of a campaign-style swing through western states that may be crucial to his re-election in 2012.
Stymied by Republican resistance to his $447 billion jobs package and tapping into public displeasure with Congress, Obama will propose actions that do not require congressional approval to help the economy, a White House official said.
They include an initiative to help homeowners refinance their mortgages, which Obama will discuss in Nevada, a state hit hard by the housing crisis.
In Colorado, the president will unveil a student loan initiative. He will also attend fundraising events in both states plus California during the three-day trip.