President Barack Obama and Vice President Joe Biden met with Democratic and Republican congressional leadership to discuss his stimulus proposal, trying to sell both sides on a plan that includes both tax cuts and massive spending efforts.
NEW YORK (CNNMoney.com) – After a call for "bold and swift" action on the economy in his first moments as president on Tuesday, President Barack Obama got right to work, maneuvering to reach a bipartisan agreement on his sweeping economic recovery plan.
On Friday, Obama and Vice President Joe Biden met with Democratic and Republican congressional leadership to discuss his stimulus proposal, trying to sell both sides on a plan that includes both tax cuts and massive spending efforts.
The president offered more detail on his plan to restore economic growth. He said he'd take a three-pronged approach to recovery: stabilize the financial system, fix market regulation and pass the stimulus plan.
Full Story
Rock on Obama. I'm excited to see it all come to fruition.
No sale PBO! Keep this up, and you will tank before 2012!
ummm Louie... good luck on your work. I guess?
Is it just me or what, I cannot stand to look at Queen Pelois and King Harry anymore. Spend, spend, spend is what they want to do and not for the taxpayers of this country. I want for it to be listed all the "pork" they have in this stimulus bill. People need to start demmanding that OUR money be accountable for, to the very last cent!
It took a war to get the USA out of the President Franklin Roosevelt debacle!
PBO seems to lack intelligence as well as wisdom! I thought he would be pragmatic and politically expedient. But his speech was disappointing, and his performance so far is dismal!
Well about the islam, Religion should change with time..Now Islam has become male chauvinist religion, where bastards are killing women. It has to be modernized just like in turkey. The out fit they wear to conceal the bombs should be changed. US should gather the intelligence from those mosques. where preaching goes on.. All those preachers who preach hate should be eliminated. Declare Afghanistan and pakistan as terror states and Keep an eye on those saudi sheiks, as they might be sending money to those terror groups.
his plan in short.....spend, spend, spend......tax,tax,tax
Once you vote Black January 23rd, 2009 4:46 pm ET
Most important is that Obama reminded the GOP that he is the boss on this boat. The days of GOP robbing and stealing are over!
I agree. It is now the democrats turn to rob and steal! Folks, this is much less a party issue than it is a integrity issue! Dems have had issus just like republicans did and still do. We have had criminal behavior on both sides of te aisle! I hope this administration leads by example. If there is a failure, you can't blame the President or party. Blame the one who fails! Neither repubs or dems have yet learned this!
Am I glad to see we finally have a president who's not afraid to actually work! YES!
As far as the stimulus package goes, instead of giving the money to corporations and banks, I say give it directly to the people - tax free. Let us decide what we want to spend it on. Let people pay their mortgages and their car payments. Let them go to the store to buy televisions, furniture, necessities. Let them get a good downpayment on a car. Let us help get the economy going again by letting us choose where the money goes - basically, our bills.
I did not know obama could Play: Base Ball... Base's Loaded: Obama, Where's you're Pitch? Fast Ball??? Or a Bender"??? No just a Soft one...
Could you see George Bush doing this?
to: LouieGe an MBA in Phoenix January 23rd, 2009 4:35 pm ET
Before you "begin sanitizing Mosques" learn and understand that a Mosque in Islam, is the House of Allah (God). So by destroying a Mosque, you're destroying the House of God.
Second, All Muslims are not from the same flock...there are 1.5 Billion Muslims in the World today.
Third, learn about Islam before you "finish" your book .
Eli, Tucson AZ
#44 is in over his head and Harry & Nancy will control him.
I voted for President Barack Obama because he seem like he would do this country good but , I do have one concern and that is when he use the word African Americans. I don't think just because you are black that you have to be label as an African Americans, I don't see white people that live in America calling them selves were there ancestors come from for exmple Italian Americans or Russian Americans or even British Americans white people is know as just Americans and that how all people of color who was born and rise in the USA should be call an American and if you have a hard time calling me and other people of color American that then just call us human being. President Barack Obama if you pleases stop labeling people with a darker color skin African Americans and just call us Americans.
The grade for Obama's transition & first decisions: F
- Closing GITMO
- US Tax Dollars to pay for International programs supporting abortions
- a Tax Cheat (Gaithner) nominated for Secretary of Treasury
- First call made regarding the middle east was to Palestinian leaders
- Promises "Transparency" and then gets angry with reporters for asking questions, hides when taking 2nd Oath of Office, and refuses to address concerns of his other nominees and their conflict of interests.
Obama = Failure.
day 3...the con goes on
including the 2 that confessed to planning 9/11 should be relocated to Malibu right next door to Barbra Streisand's house.
If any of you democrats would take a few min and stop worshiping Obama and take some time to think objectively about what this package would or would not do for this country, you would realize that stimulus packages have been tried many many times in the history of this country, and THEY HAVE NEVER WORKED. By the time the government spends all this money, when we do come out of the recession, inflation will be so bad that you will be spending $10 – $15 for a loaf of bread.
I was just wondering about all this talk about the stimulus package. The way we use the word Trillion, almost in every sentence, well what dollar amount is after trillion????
@ LouieGe
If it makes you feel any better, we can't shoot them (and shouldn't be torturing them) when they're in our illegal prisons, but we certainly can shoot them when they're out on the streets terrorizing people.
Spend, Spend, Spend, Spend, Spend.
What do you get when there are more government jobs than private sector jobs?
USSR, Cuba, China. Failed economy!
People you still cryin over the GOP loss, how pathetic. get over it you racists!
No one supports the bailout. When is Congress going to realize this? Most of the public opposes it, we want the stimulus money instead idiots.
Racists voted for McCain, that is plain and simple. Grow up america!
whaaaaa, Obama is well liked by the whole world than any other USA prez, he's one of the smartest prezs, and he works fast and honest. let me find something to criticize him over since I am a racist, right Jon W ???