The President seeks support from lawmakers amidst complaints about his economic stimulus plan.
Wired PR News.com – President Barack Obama sought out lawmaker support for his stimulus bill on Friday, which Republicans have denounced as too costly. As reported by the Associated Press (AP), the President promised to consider the recommendations of GOP leaders during the Friday meeting in an effort to reduce complaints against the plan.
One of the major issues Republicans are said to have about the package is that it focuses a large amount of spending on projects in the long-term, which many believe will be of little benefit to providing the country with immediate economic relief. However, some economists argue that even more spending should be included in the $825 billion package.
Obama is quoted as stating before the meeting, in a call for bipartisanship, “I know that it is a heavy lift to do something as substantial as we’re doing right now… I recognize that there are still some differences around the table and between the administration and members of Congress about particular details on the plan…But I think what unifies this group is a recognition that we are experiencing an unprecedented, perhaps, economic crisis that has to be dealt with, and dealt with rapidly.”
Obama has said the rescue package will create 3 to 4 million new jobs.