WASHINGTON (CNN) - President Barack Obama launched the next phase of his $787 billion economic stimulus program Monday with a package of projects that he said would create or save 600,000 jobs.
The 10 projects include expanding health facilities, improving airports and highways, building new military facilities, funding education jobs, hiring or keeping law enforcement officers, starting new rural waste and water systems, improving medical centers for military veterans, enhancing the cleanup of 20 federal Superfund sites, working on national parks, and creating summer youth jobs.
The "Road map to Recovery" package is part of the blueprint for the second 100 days of the economic stimulus program signed into law on February 17. In the first 100 days, the program created or saved 150,000 jobs and designated $135 billion in funding, according to a White House news release. It was not immediately clear if the funding figure included the projects announced Monday.
"We have a long way to go on our road to recovery but we are going the right way," Obama said in the news release. He called for more progress that "American people see in their own lives," adding: "Surely and steadily, we will turn this economy around."
Further details of the new package will be available starting Monday afternoon at WhiteHouse.gov/Recovery, the White House news release said. The Web site for the stimulus program is http://www.recovery.gov.
The stimulus package has drawn political criticism from Republicans who complain it is too expensive and taking too long to achieve results.
Vice President Joe Biden said the purpose of the second phase is to generate tangible progress.
"We're going to get more dollars out the door, more shovels into the ground and more money into the pockets of workers and families who need it most," he said in the news release.
Anyone who has taken a college econ claas knows the Bush Tax cuts were for the wealthy. The were meant to give a break to the wealthy so they would spend and it would trickle down to the middle class. However that isn't what happened. The wealthy kept their money and the middle class and lower class so no difference.
Everyone needs to do their part to help get America back on her feet. Stop buying foreign products. BUY AMERICAN! Sure it may cost slightly more but for the most part its a better quality product and you know your money is going to help keep your neighbor working.
We'll recover if we stop deficit spending, if everyone works, if everyone saves and if everyone lives within their own budgets. What we have been doing for the last 40 years (spending more than we take in) is irresponsible. Obama has only accelerated this. We need a third party alternative that has a platform of fiscal responsibility.
Actually, the money has already been appropriated by Congress when the bill was passed. It's now in the hands of Executive-branch departments who answer to Obama.
One of Obama's henchmen was bragging about Phase 2 of the stimulus to create or save 600,000 jobs this summer. THERE ARE 14.5 MILLION PEOPLE OUT OF WORK!