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Obama: Catastrophe coming if stimulus doesn't pass
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Candidate
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| Contributor | Gerald Farinas |
| Last Edited | Gerald Farinas Feb 04, 2009 02:12pm |
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| Category | News |
| Media | Newspaper - Honolulu Advertiser |
| News Date | Wednesday, February 4, 2009 08:00:00 PM UTC0:0 |
| Description | THe Honolulu Advertiser
President Barack Obama said today the recession will turn into "a catastrophe" if the economic stimulus is not passed quickly, lobbying anew for the plan as its price tag climbed above $900 billion and drew more criticism. The president rejected several complaints about the plan, including arguments that tax cuts alone would solve the problem or that longer-term goals such as energy independence and healthcare reform should wait. Obama opposed such piecemeal approaches. |
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