November 24th, 2008
10:15 AM ET
6 years ago

Obama's economic dream team

Timothy Geithner is a member of the Obama economic dream team to be officially announced Monday.
Timothy Geithner is a member of the Obama economic dream team to be officially announced Monday.

NEW YORK (CNNMoney.com) – President-elect Barack Obama will hold a press conference Monday to announce key members of his administration's economic team.

Mission No. 1 over the next few weeks for that team will be hammering out the details of what the president-elect described this weekend as a two-year economic recovery plan intended to create 2.5 million jobs.

Watch: Obama to announce his picks for economic team

Estimates for how much might be spent on a multi-year stimulus package range as high as $500 billion to $700 billion.

At the center of the plan are investments in the nation's roads, bridges, schools and alternative-energy infrastructure.

Obama's top economic team member – his Treasury Secretary – will also be charged with overseeing the dispersal of funds from the controversial $700 billion financial rescue package that Congress passed in October.

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Filed under: Obama transition
soundoff (81 Responses)
  1. KLEE

    to all posters (mostly the far right ones) regarding Change – Let me know who you think McCain would have picked and what "his change" would have looked like.

    Change to me is leading away from the past 8 years – I didn't have any problems with the Clinton group.

    I believe our newly elected President is very intelligent and taking on a team that he deems best for meeting this nations current problems – he isn't going for on the job training – that would not lead to any changes we need – we just need better & smarter policies – and he's smart enough to move with the tide – he doesn't keep iron clad "rhetoric" he is going to back off raising taxes on big business for now – at least until he can see that everything is going to work as well as it can under these dire circumstances.

    November 24, 2008 02:10 pm at 2:10 pm |
  2. RealityKing

    Dream team or blast from the Clintonian past??

    Surely the liberal MSM jousts with those huge pinheads...

    November 24, 2008 02:24 pm at 2:24 pm |
  3. EW

    Quit spending taxpayer's money on bailouts. THese bailouts are going ot be painful for a long, long time. Letting these companys fail will be painful at first but will be the best in the long run.

    So soon smart, so late wise. This will be the legacy of the Obama administration.

    November 24, 2008 02:24 pm at 2:24 pm |
  4. RealityKing

    Obama's cabinet is 1/2 lobbists and 3/4 Clintonians. Clearly a complete betrayal of America's vote for change..

    November 24, 2008 02:26 pm at 2:26 pm |
  5. Steven

    Georgians:

    Remember to vote for Jim Martin for Senate!

    Early voting is today, tomorrow, and Wednesday. Election day is December 2nd.

    I cast my vote today; the line was not very Democrat friendly. Get out your vote to help us on our way to a filibuster-proof majority!

    November 24, 2008 02:27 pm at 2:27 pm |
  6. karen raleigh

    Let's give a million to each person living in the U.S.A. Sounds like a cheap bailout. Approximately 350 million.

    November 24, 2008 02:31 pm at 2:31 pm |
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