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Back at Work, Obama Pitches His Stimulus Plan


By Philip Rucker
CHICAGO -- Fresh off his Hawaiian vacation, President-elect Barack Obama is pressing his case for a massive economic stimulus plan, saying Saturday morning that a recovery program to create three million new jobs would "serve as a down payment on our long-term economic future."

In his weekly radio and YouTube address, Obama offered few details of his plan, but said it would double U.S. renewable energy production, rebuild crumbling infrastructure, update and computerize the health care system and modernize classrooms, science laboratories and libraries.

The president-elect also said the new administration will provide "direct tax relief" to 95 percent of American workers. Obama's aides have said he is considering immediate tax cuts of $1,000 for couples and $500 for individuals as part of the massive economic recovery plan.

Obama, who is moving to Washington on Sunday, is scheduled to meet with leaders in Congress early next week to hash out the stimulus plan, which Obama's aides have said could cost between $675 billion and $775 billion.

"These are America's problems, and we must come together as Americans to meet them with the urgency this moment demands," Obama said. "Economists from across the political spectrum agree that if we don't act swiftly and boldly, we could see a much deeper economic downturn that could lead to double digit unemployment and the American Dream slipping further and further out of reach."

Obama noted that nearly two million Americans have lost their jobs in the past year and that many more are laboring for less pay and fewer benefits. He said it is necessary for the federal government to make "strategic investments" in the nation's economic future, and said he wants more than 80 percent of the three million new jobs to be in the private sector.

"We must demand vigorous oversight and strict accountability for achieving results," Obama said. "And we must restore fiscal responsibility and make the tough choices so that as the economy recovers, the deficit starts to come down."

Obama wants to put the finishing touches on the stimulus plan quickly so it can be signed into law soon after his Jan. 20 inauguration. But the proposal must first pass Congress, where Republican leaders have said they want time to scrutinize the plan.

In Saturday's address, Obama sought to frame his stimulus package as a bipartisan proposal.

"However we got here, the problems we face today are not Democratic problems or Republican problems," Obama said. "The dreams of putting a child through college, or staying in your home, or retiring with dignity and security know no boundaries of party or ideology."

By Web Politics Editor  |  January 3, 2009; 7:01 AM ET
 
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Comments

God how Funny here WAPO,since President Elect Barack Hussein Obama just like Lame Duck President George Walker Bush 44 has never done an honest days work in his entire life. So, therefore how can the fake
typical Liberal Democrat Ploy of Tax Cuts
provide one damn cent of help to people that are unemployed and/or losing their homes to the greedy mortgage brokers,or to
the low income or many elderly and disabled
people who no longer work here Obama tell
us that will you lying loser Obama?

And,then Mr Loser Elect Obama explain to all of us exactly who the Hell is going to
pay for all this and for how many generations yet unborn as well you Liar?
You betcha Impeach Obama & Biden and Save
The USA from Final Destruction. Hey Nutso
Nancy Pelosi Come Drain This Swamp!

Posted by: Marilyn80 | January 5, 2009 7:31 AM | Report abuse

Anything that does not equate to $$$$$ immediately available to the People needing it to stave off for-closures, evictions, of re-Possessions, is NOT acceptable!

With 1 out of 10 Homes facing Crises, and now applying that liberally to the full number of Americans(300 Million), that would mean 30 Million Americans are Cash-Strapped and facing Bank Action that will result in Bad Paper.

$10,000 from the IRS-Hedged against their accounts with(C'mon, who has not previously had to settle an outstanding debt with the IRS before?);

That $10,000 for 30 Million would only be $300 Billion.

And THAT Folks, would do one hell of a lot more good for everyone, than any of the some $1 TRILLION spent at the top has done yet!

Posted by: SAINT---The | January 4, 2009 3:03 PM | Report abuse

Well the Obama team can socialize the banks and perhaps the auto industry, oh wait Bush has already done that. Whatever the new adminstration does it has to be an improvement.

Posted by: huck1935 | January 4, 2009 11:57 AM | Report abuse

bamccampbell:

Care to answer my question?

Posted by: JakeD | January 4, 2009 8:30 AM | Report abuse

So,these apparently still swooning and fawning and toxic kool aid drinking Obama cult members and WAPO ignoramus reporters all seem to keep overlooking the fact that
Barack Hussein Obama will spend us all right into the county poor farm were Obama
to get his way and make the USA just another typical poor impoverished crime ridden third world country that Obama can be Dictator for Life of as well.

Posted by: Jan1977 | January 4, 2009 12:52 AM | Report abuse

We really need the infrastructure and construction jobs so we can put the millions of Illegal Aliens back to work, so they can support Mexico, the contractors can charge the tax payers union scale, hire Illegals at slave wages, pocket the profits, and hit the tax payers for both their wages and the billions in cost to educate their spawn, provide medical and welfare. Sounds like the same old scam, reward the invading horde and soak the tax payers! You would think the Politicians would be content with just outsourcing all the jobs that are possible but No they want to bring in Slave labor ( while ignoring Article IV Section IV of our Constitution against invasion, the rule of Law, and their Oath of office) to take the jobs that cannot be outsourced! To add insult to injury they make the American citizens still working pay billions in extra taxes to educate, provide medical, welfare and jail cells for the invading horde taking our jobs and driving down our standard of living! While Robbing, Raping and Killing American citizens at an rate that Ben Laden can only dream about!

But the Republicans love the slave labor for their Pay Masters in the Chamber of Commerce and business and the Democrats love the millions of Welfare votes. So there is little or no hope for American citizens and the future viability of this nation as we know it. The future is an over populated, Spanish speaking third world Nation that is an Cesspool of Corruption, Crime, Poverty and Misery modeled on Mexico!

Posted by: american1 | January 3, 2009 7:54 PM | Report abuse

Bush criminals are Americans but they are not part of the American people, they are part of this nations troglodyte community.

The difference between the give aways that conservatives cause from the one liberals cause is with conservatives we get nothing for the 700 Billion bailout. The stimulus package will give our healthcare system better information retrieval and a few roads and bridges that are needed. Even though the waste may be 80 - 90 % its still better than 100 %. FURTHERMORE, liberals are nicer people, though centrist appeal to me even more.

Posted by: Gator-ron | January 3, 2009 7:37 PM | Report abuse

Jake D:

Your fantasy of Obama not being sworn in on January 20 has died. So now in your pompous self-righteous way, you have referred to the swearing in as illegal. A less arrogant human being would never had be so flippant as to proclaim Obama will not be sworn in. As soon as Alan Keyes is involved in anything it is a lost cause. He lacks judgement and intellectual flexibility, Jake D. That must be why he appeals to you.

Posted by: Gator-ron | January 3, 2009 7:26 PM | Report abuse

bamccampbell:

Do you think that the Bush "criminals" and their rich friends are NOT Americans?

Posted by: JakeD | January 3, 2009 4:17 PM | Report abuse


After eight years of the Bush criminals looting the U.S. Treasury for the benefit of their rich friends, at last we'll see taxpayer dollars used to help the American people. What a CHANGE that will be!

Posted by: bamccampbell | January 3, 2009 4:10 PM | Report abuse

The stench of corruption hangs low over the Obama transition as Richardson and Clinton and Emmanuel are pulled into the vortex. Soon trillions of federal dollars will be splooged into the nimble old hands of these appointed kleptocrats.

Posted by: georgejones5 | January 3, 2009 1:27 PM | Report abuse

The stimulus has to include massive state aid. State budgets are shrinking, and states are cutting back on essential services and asking their employee unions to choose between layoffs and pay cuts. Stimulus payments to individuals and failing companies won't help this.

Posted by: mbrilliant | January 3, 2009 12:51 PM | Report abuse

pResident (darn spell checker ; )

Posted by: JakeD | January 3, 2009 12:14 PM | Report abuse

"Back at work"?! rPresident elect Obama will not even be sworn in legally.

Posted by: JakeD | January 3, 2009 12:11 PM | Report abuse

Bush rip us off for 700 billion, with the democratic congress help. While the tax payer got punk with a stimulus payment. The total number of payments: 112.405 million. Total amount of payments: 91.839 billion. Now it's Obama turn to punk the tax payer, with a liberal stimulus plan, that means more payments to the freeloaders and non-citizen's. Yes these are American problems cause by liberal's who place ideals before practical considerations.

Posted by: xthat | January 3, 2009 12:00 PM | Report abuse

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