June 8, 2009
Posted: June 8th, 2009 11:11 AM ET
The next phase of the $787 billion economic stimulus program was launched Monday.
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."
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. Filed under: President Obama Stimulus
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