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Obama Urges Acting Quickly On Economic Plan

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Obama Urges Acting Quickly On Economic Plan

Politics

Obama Urges Acting Quickly On Economic Plan

Obama Urges Acting Quickly On Economic Plan

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  • <iframe src="https://www.npr.org/player/embed/99120512/99120502" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

President-elect Barack Obama tried to win public support Thursday for a massive economic recovery plan, warning that the U.S. could be in a recession for years if Congress doesn't act quickly.

Obama said his proposal — which includes tax cuts for individuals and some businesses — would create or save about 3 million jobs. It's expected to cost as much as $775 billion over two years, although the ultimate price tag is not known.

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