news.yahoo.com - 1/10/2009
—
AP - Pushed by fellow Democrats, President-elect Barack Obama agreed to modest changes in his proposed tax cuts on Friday after inviting lawmakers to "just show me" ideas for fixing an economy shedding jobs at an alarming rate.
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Just Days After Announcing Them, Obama Throws Proposed Tax Cuts Under The Bus
Say Anything —
... WASHINGTON – Pushed by fellow Democrats, President-elect Barack Obama agreed to modest changes in his proposed tax cuts on Friday after inviting lawmakers to “just show me” ideas for fixing an economy shedding jobs at an alarming rate. Democratic congressional officials said that Obama aides came under pressure in closed-door talks to jettison or significantly alter a proposed tax credit for creating jobs. ...
Obama provides internal analysis of economic plan
Democratic Underground Latest Breaking News —
... "These numbers are a stark reminder that we simply cannot continue on our current path," Obama said Saturday in his weekly radio and YouTube broadcast address. "If nothing is done, economists from across the spectrum tell us that this recession could linger for years and the unemployment rate could reach double digits and they warn that our nation could lose the competitive edge that has served as a foundation for our strength and standing in the world," he said. Read more: http://news.yahoo.com/s/ap/20090110/ap_on_go_pr_wh/obam... ...
Obama: Did I say I’d save three million jobs? Make it four million
Hot Air » Top Picks —
... means we’ll be paying $193,750 for each job “saved or created” instead of just north of $258,000. Come 2010, of course, we’ll be told that he actually saved many more jobs than even that, so who knows? A little fine tuning of the numbers — they are, after all, “subject to significant margins of error” — and we might get down to under $100,000 per job before all’s said and done. Assuming there are no other stimulus bills passed before the midterms, of course. But ...
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(AP)
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