22 local time, Obama and Hillary together Secretary of State. Obama is making every effort to promote economic stimulus plan.
"The United States is trapped in an unprecedented crisis, need to take the unprecedented step ... ... if not rapidly, bold action, the economy may be a sharp deterioration of the grim situation." --- Obama
The economy could shrink the size of one trillion
Obama in his speech five minutes due respect, the United States "are caught in an unprecedented crisis, need to take the unprecedented step ... ... if not rapidly, bold action, the economy may be a sharp deterioration of the grim situation."
Obama said that the recent week, the number of unemployed people to apply for a 26-year high. Some economic analysts believe that if it does not take response measures, the unemployment rate will reach double digits. The new president acknowledged that the U.S. economy could shrink the size of one trillion U.S. dollars; on a family of four is concerned, means that revenue more than 12,000 U.S. dollars. He warned that the United States as more and more young people forced to abandon the University of dreams or employment training opportunities, the United States "may lose the development potential of a generation."
I hope a sign on the new scheme
Obama hopes a sign on the proposed 825 billion U.S. dollars in the new economy (Quotes Forum) stimulus plan to proceed expeditiously to create job opportunities, and promote long-term economic development.
Obama believes that in order to invest in new energy, health care, education and infrastructure in areas such as the way the new scheme may retain or create 3000000-4000000 jobs.
The White House released the same day, the "digital interpretation of the U.S." economic recovery and re-investment "plans," the new economic stimulus plan to do further reading, involving the main objectives include: renewable energy production in 3 years to double; the establishment of larger, more energy-efficient The new power grid, transmission line length of more than 4800 km; proceed in U.S. history, the largest energy-saving projects, benefiting 75% of the federal government buildings and 2.5 million families.
The White House said that the plan, if passed, at least 75% of this amount will be after 18 months in place.
Obama is also the morning to see the economic team members, the White House did not disclose the specific content of the meeting, only said "the discussion of the economic recovery and re-investment plans a week of progress, as well as the proposed budget proposals."
Albright will continue to lobby the Republican Party
Obama intends to visit on the 27th met with Republican congressional leaders, urged Congress to the adoption of the new scheme as soon as possible. On the 24th, he invited the Democratic and Republican leaders to the White House to listen to each other related to economic issues, for Congress to support.
Obama economic stimulus plan details
Build a new power grid
Renewable energy production in 3 years to double; the establishment of larger, more energy-efficient new power grid, transmission line length of more than 4800 km;
Energy Saving
Proceed in U.S. history, the largest energy-saving projects, benefiting 75% of the federal government buildings and 2.5 million families, of which only government building in a two billion U.S. dollars can be saved;
Health Records
5 years to establish universal electronic health record, so as to reduce medical errors, saving billions of dollars in health care costs;
School modernization
Start the largest in the history of the school modernization project to update the 10,000 school equipment, about 500 million children to improve the learning environment; College of Science scholarships to students to 3-fold, to promote technological innovation;
Infrastructure
To increase the national roads, bridges and public transportation system capital investment, an increase of 50 during the last century to establish a national highway system the highest level since; enhance the protection of the domestic 90 major ports;
Universal tax cuts
95 percent to domestic employees and their families with the 1000 U.S. dollars tax reduction.
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