How will Obama's jobs speech influence the political gridlock on Capitol Hill?

This evening, President Obama will announce his jobs program to the nation during a special joint session of Congress.

Democratic sources have told CNN that the president will propose a three hundred billion dollar plan attached to specific legislation called "The American Jobs Act" that focuses on infrastructure spending, targeted tax cuts and aid to state and local governments.

Will this plan create new jobs and will it be enough to secure the president's re-election?

Ron Brownstein, CNN senior political analyst, and Nick Ragone, author of "Presidential Leadership," weigh in on Obama's plan and the political imperative behind the proposal on American Morning today.