Barack Obama Meets With Dems and GOP to Discuss Stimulus Package

by Rob Walker | January 6, 2009 at 12:55 pm

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President-elect Barack Obama met with both Democrats and Republicans to discuss his new stimulus package, which could cost upwards of $1 trillion dollars.

The plan was lauded by Democrats and supported with minimal resistance from Republicans.

Democratic leaders in the House of Representatives and the Senate — with little resistance from Republicans — said they'd immediately push Obama's ambitious stimulus package. The president-elect is proposing a $775 billion, two-year economic stimulus package that includes about $300 billion in tax cuts or credits, with a special emphasis on lower and middle-income earners.

Staffer Sanjay Jha posted about Obama's budget interview yesterday.

Speaking to journalist after coming to take charge of Presidency, US President Elect Barack Obama has reitered that USA is in the middle of an economic recession and situation is getting worse.