WASHINGTON (AP) - President Barack Obama continues to work on fixing the ailing U.S. economy. He's scheduled a meeting with his economic team at the White House today.
In his first radio and Internet address as president this morning, Obama promoted his economic aid plan and what it would mean for all Americans. He says if the government doesn't "act boldly and swiftly, a bad situation could become dramatically worse."
It was the latest appeal from the new president for a massive spending bill designed to inject almost $1 trillion into the economy and fulfill campaign pledges. As lawmakers consider the $825 billion plan, Obama aides have refused to rule out the possibility that the administration could seek a second recovery plan, even before Congress approves the first.
House Republican leader John Boehner (BAY'-nur) is renewing his call to stimulate the economy with tax cuts instead of spending. The congressman from Ohio says the country can't dig itself out of a recession by borrowing and spending.
Web Search powered by YAHOO!
|
NewsNews
UPDATE: Obama meets with economic advisers; promotes economic plan
Congressional Leaders United on Economy (Added: January 24, 2009)
Video from your local news source. (more)
WASHINGTON (AP) - President Barack Obama continues to work on fixing the ailing U.S. economy.
By:
|
WNCT
Published: January 24, 2009
Published: January 24, 2009
Email
Facebook
Google
Twitter
Favorites
MoreAdvertisement
View More:
Barack Obama,
Business_Finance,
Congress,
Congressman,
House Republican Leader,
Internet Address,
John Boehner,
Ohio,
Politics,
President,
United States,
Usd,
Washington,
White House
Not what you're looking for? Try our quick search:
Reader Comments
*Facebook Account Required to Comment. If you are not already logged into Facebook, please click the comment button to do so.Deal of the Day
Advertisement
Interactive Radar
Advertisement
Featured Blogger
Reel Reviews
Updated: 02/10/2012
Nine On Your Side's Phillip Sayblack shares his take on the latest movie and dvd releases.
More Posts by Reel Reviews
Hot Topics on WNCT.com
Advertisement
Advertisement