Obama Vows to Speed Up Stimulus

Summary


WASHINGTON - Eager to show action on the ailing economy, President Barack Obama promised to speed federal money into hundreds of public works projects this summer, vowing that 600,000 jobs would be created or saved.

Responding to persistently high unemployment figures and criticism that the stimulus was not worth its historic price tag, the president argued his recovery plan was on track. But his fresh promises were largely political theater: The jobs goal was set a month ago, and the list of projects Obama announced were already in the pipeline.

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Obama Vows to Speed Up Stimulus

Surrounded by his Cabinet, Obama emphasized what has become a dominant issue of public concern - an economy that keeps bleeding jobs - on the day after returning from a week of diplomacy and sightseeing in the M...

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