President-elect Barack Obama committed Saturday to the largest public works building program since the creation of the interstate highway system, as he seeks to put together a plan to resuscitate the reeling economy.
According to the New York Times article, Obama Pledges Massive Public Works Project, Mr. Obama and his team are working with Congressional leaders to fashion a spending package that could invest hundreds of billions of dollars into the economy.A large part of that would be infrastructure projects such as building or repairing roads, bridges, schools, sewer systems and other public utilities.Democrats hope the new Congress that takes office in early January could pass such a measure in time for Mr. Obama to sign almost instantly after taking office Jan. 20.
Saturday, December 6, 2008
Obama's Plan for the Economy
Subscribe to:
Post Comments (Atom)
1 comment:
This is a great blog, and I'd like to Post a Comment
Did you hear the good news? Obama is making it better for us already! Most people don't realize how much money there is out there. During economic times like this, there is more money to be had than ever. Because of the bailouts and economy, lenders are bending over backwards to bail you out too. Believe it or not, there is people getting tons of cheap money nowdays to start businesses, buy homes, pay off debt, and more. Do your research and watch it pay off! Bailout is for YOU
Post a Comment