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Obama sees stimulus package by mid-Feb. - Economy at a Crossroads- msnbc.com
msnbc.com news services
updated 4:21 p.m. PT, Fri., Jan. 23, 2009
WASHINGTON - President Barack Obama said Friday he expects an $825 billion economic recovery plan to be approved by his target of mid-February and urged congressional leaders to work swiftly to pass it.
http://www.msnbc.msn.com/id/29231790/
Sober tone over victory
Obama focused on the $787 billion stimulus plan, an ambitious package of federal spending and tax cuts designed to revive the economy and save millions of jobs. Most wage-earners will soon see the first paycheck evidence of tax breaks that will total $400 for individuals and $800 for couples.
The stimulus package was a huge victory for Obama less than one month into his presidency. But he struck a sober tone and lowered expectations for an immediate turnaround in the severe recession that is well into its second year.
msnbc.com news services
updated 4:21 p.m. PT, Fri., Jan. 23, 2009
WASHINGTON - President Barack Obama said Friday he expects an $825 billion economic recovery plan to be approved by his target of mid-February and urged congressional leaders to work swiftly to pass it.
http://www.msnbc.msn.com/id/29231790/
Sober tone over victory
Obama focused on the $787 billion stimulus plan, an ambitious package of federal spending and tax cuts designed to revive the economy and save millions of jobs. Most wage-earners will soon see the first paycheck evidence of tax breaks that will total $400 for individuals and $800 for couples.
The stimulus package was a huge victory for Obama less than one month into his presidency. But he struck a sober tone and lowered expectations for an immediate turnaround in the severe recession that is well into its second year.
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