In Weekly Radio Address, PEBO Provides More Details on Economic Recovery Plan

In his Youtubed weekly radio address -- you can hear it HERE -- President-elect Obama provides more details about his economic recovery plan.

"We need action –- and action now," Mr. Obama says. "That is why I have asked my economic team to develop an economic recovery plan for both Wall Street and Main Street that will help save or create at least two-and-a-half million jobs, while rebuilding our infrastructure, improving our schools, reducing our dependence on oil and saving billions of dollars."

You might notice that the Obama Transition Team has done a better job of gussying up the office where PEBO delivers this weekly address to make it appear far more Oval Officey.

The president-elect doesn't put a price tag on his stimulus proposals, but he outlines five aspects to his massive spending proposal:

Making public buildings more energy-efficient; making it big -- "the single largest new investment in our national infrastructure since President Eisenhower established the Interstate Highway System in the 1950s"; modernizing and upgrading school buildings; Boosting broadband deployment throughout the U.S.; and modernizing the health care system -- cutting-edge technology and electronic medical records."We need to act with the urgency this moment demands to save or create at least two-and-a-half million jobs so that the nearly two million Americans who’ve lost them know that they have a future. And that’s exactly what I intend to do as president of the United States," Mr. Obama says.

-- jpt

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