The President heads to Capitol Hill tonight to address a Joint Session of Congress on creating Jobs for the American people.  According to Democratic sources, The American Jobs Act will cost in the neighborhood of 400 billion dollars.

The bill is expected to be a mix of infrastructure spending, tax relief, unemployment assistance and other aid. According to Officials, President Obama expects to pay for the plan with spending cuts.  However, the President won't detail those cuts in tonight's remarks.

FOX News Radio's Rich Johnson has more from Washington:

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FOX's Gretchen Carlson went toe to toe with White House Press Secretary Jay Carney on FOX & Friends this morning.  At issue, whether or not this plan could realistically work.

Listen HERE to the exchange:

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Senator Jim DeMint (R-SC) had some strong words for the President about the proposal.

Listen HERE to his comments to FOX News:

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