U.S. Senate kills Obama's jobs plan

The U.S. Senate on Tuesday defeated President Barack Obama's jobs plan in a procedural vote as Republicans and some Democrats objected stimulus spending and a tax surcharge on the rich, Xinhua reported.

The jobs plan, launched by Obama on Sept. 8 to tackle near double digit unemployment and to spur the sluggish economy, includes measures like payroll tax cuts for employers and employees, new investment in infrastructure projects as well as tax increase on million-dollar earners.