KKTV - Economy - Headlines

Obama Talks About Stimulus Plan

By: Associated Press
By: Associated Press

President Barack Obama says businesses and workers are counting on Washington for "bold and swift" action to steady the struggling economy.

After a meeting with a group of business executives, Obama publicly acknowledged skepticism about "the size and scale" of the $819 billion economic recovery plan that'll be put before the House for a vote later Wednesday.

The plan's proposed Colorado spending includes nearly $413 million for highways and bridges, almost $95 million for mass transit, $990 million for state budget aid, and nearly $227 million for school modernization.

In an appearance at the White House Wednesday, Obama said national leaders must "create a favorable climate in which workers can prosper, businesses can thrive and our economy can grow."


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