January 16th, 2009
09:27 AM ET
6 years ago

Obama tries to rally support for stimulus plan

Barack Obama says his plan will immediately help the economy recover.
Barack Obama says his plan will immediately help the economy recover.

(CNN) – President-elect Barack Obama heads to Ohio on Friday as he tries to sell his economic stimulus package, a plan he says will immediately help jump-start the economy.

Obama will meet with workers at a factory in Bedford Heights, where he'll discuss the "American Recovery and Reinvestment Plan." Obama says the proposal will save or create up to 4 million jobs and invest in health care, energy and education, among other priorities.

The president-elect has yet to put a price tag on his recovery package, but observers have estimated it would be in the neighborhood of $800 billion.

While in Bedford Heights, Obama will sit down with CNN's John King for an exclusive interview.

The interview will air Friday at 6 p.m. on "The Situation Room," which begins at 4 p.m. ET.

King will ask Obama about issues he will face in the first days of his administration, including the economy and national security.

Full story


Filed under: Candidate Barack Obama • Economy
soundoff (58 Responses)
  1. Tim

    I've had much more experience than Obama on financial matters (and about the same on foreign affairs, I read the papers). Take it from me, Obama doesn't know any more about our economy than any somewhat intelligent person.

    January 16, 2009 01:41 pm at 1:41 pm |
  2. Tim

    Obama is using his bake sale coorindating efforts to try to figure out what to do with the economy.

    January 16, 2009 01:42 pm at 1:42 pm |
  3. abc

    one last thing. reading and watching news from some first world nations, they are pushing forward huge stimulus package as well, it's the direction a country has to move to. obviously their experts believe this is part of the solution.
    the well respected, knowledgeable economists globally all agree our 800 billion $ is not enough as a big portion of this monetary investment will generate more profit for us in the long run. hopefully we are not a nation of short-sighters and if we don't wish to see China becoming too dominating for us to handle, we need to jump start our stimulus ASAP with good oversight. Chinese government plans to forward another hundreds of billions in this coming April for their research, education, technology developments, not to mention the already running infrastructure projects in their states. we are... still here... doing political power wrestle games or bickering about the new administration (unofficially yet and did not contribute to the current economy problem).. as the ever-more-important stimulus plan lays on the cold, redwood desk. everyone is watching.

    January 16, 2009 01:43 pm at 1:43 pm |
  4. Wake UP America

    to "Curious Debate" Gotta love the "Obushma."

    It is beginning to sound like it and he is not even in office. He is blowing enough hot air there is no way it will be able to snow in DC on the 20th.

    Hang on folks you are in for a ride with the snake oil salesman.......

    January 16, 2009 01:43 pm at 1:43 pm |
  5. Larry

    Throwing more of our tax money at every problem is not good management or business,it will just make our bad financial situation drag out longer than necessary .All that needs to be done is LOWER TAXES,that will stimulate the market for more home sales and get jobs back.

    January 16, 2009 02:00 pm at 2:00 pm |
  6. Viv, Utah

    CNN is totally censoring me, I wonder why?

    January 16, 2009 02:08 pm at 2:08 pm |
  7. Larry

    Obama is an highly educated idiot,he and the people surrounding him are all idealistic clueless puppets,they say whatever the polls say is popular to say.When it comes to economics there concept of fixing things is to throw our money at the problem,and if there isn't improvement,throw more money at it.The media needs to start reporting all of the story now,quit protecting the "CHANGE ADMINISTRATION"and start protecting the people with the truth.

    January 16, 2009 02:19 pm at 2:19 pm |
  8. Simmy

    To All The Negativity RE: My Beloved PE Obama:

    #1
    I realize that there is no moratorium on hatred, ignorance, and stupidity, but could you all please try and control the foaming at your mouths? It seems the more you all write, the more like fools you sound.

    #2
    Please stop blaming President-Elect Obama for being as intelligent as President Bush was.... Stop blaming him for being as well-liked and respected as PB was... Don't be cruel because he is able to cross all racial and party lines; while PB kept his government in a Republican cocoon.

    He is truly a remarkable person. So, if you all want to blame someone, and continuously vent your anger; blame his Creator.

    PEACE IS TRES CHIC.

    January 16, 2009 02:19 pm at 2:19 pm |
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