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Economic Plan to be finalized on Monday with Lawmakers in Washington

Saturday, January 3, 2009

President-Elect Barack Obama who just returned from Hawaii on a Christmas/New Years Holiday vacation with his family, now comes back to work with a very serious agenda. On the downward slide to the Presidency which will begin in 17 days, Obama will move to Washington this weekend and then work with lawmakers to finalize his economic plan on Monday. He will fine-tune the plan in an attempt to get the plan passed very early in his Presidency. It will be a multi billion dollar economic stimulus plan, and his very first high-profile decision since leaving his Chicago home on Sunday. He will meet with both leaders in the legislative houses, Senate Democratic leader Harry Reid and House of Representatives speaker Democrat Nancy Pelosi. The price tag for the economic package could be from 850 billion dollars to over a trillion dollars.
Key to his plan is the creation of three million jobs, and at least 80 percent of these jobs are supposed to be in the private sector, according to News AFP. When the new Congress meets for the first time next week, Obama will discuss his legislative agenda.
Other items on the agenda will be the 2009 budget, tax cuts for the middle class and reform with health care.

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