News, resources & opinions - Breaking News, College Grants & Scholarship Site - Obama .net
February 05, 2012
logo

Obama Backs His Stimulus Package

On Friday, February 6th, 2009 in Economic Stimulus Package, News by Mark Ryabtsev.

Thursday, President Obama touted the stimulus plan and called out his critics. He said that the judgments made about it were “phony arguments” and “false theories of the past,” as reported by CNN.

Obama went on to do some criticizing of his own. He proclaimed that all those who claimed the policies of tax cuts over the last eight years were the way to go were wrong. He expressed his belief in new ideas and new progressions.

Obama went on to listen to critiques of the stimulus package and said that hearing the opinions help the plan get better. However, President Obama did mention the cruciality of getting the bill passed as quickly as possible.

Many argue that the stimulus package is just $800 billion being spent and will not really help the economy. Obama went on to refute those claims and say how everything he is doing is with the intent of getting the United States out of debt.

Obama firmly stressed the fact the longer the bill isn’t passed, the deeper the economic troubles will grow.





Read This Breaking News Too:

Super Bowl One Day Away, Manning Takes on Brady Again Super Bowl One Day Away, Manning Takes on Brady Again
Tomorrow is Super Bowl XLVI. It will see the New England Patriots take on the New York Giants at the house that Peyton Manning built in Indianapolis, Indiana...
Sister of Nick and Aaron Carter Dead at 25, Drugs Linked Sister of Nick and Aaron Carter Dead at 25, Drugs Linked
Leslie Carter, the sister of Backstreet Boy Nick Carter and singer and actor Aaron Carter, has passed away...
Facebook Files For IPO, Looks for  Billion Facebook Files For IPO, Looks for $5 Billion
Today, Facebook has officially filed for its initial public offering (IPO)...
Tagged with:
 

Leave a Reply

bottomlogo

© 2010 Obama.net News & Community