Obama promises more than 600,000 jobs
11:47, 9 June 2009
WASHINGTON. June 9. KAZINFORM President Barack Obama promised yesterday to deliver more than 600,000 jobs through his $787 billion stimulus plan this summer, with federal agencies pumping billions into public works projects, schools and summer youth programs; Kazinform refers to the Arab News.
Obama is ramping up his stimulus program this week even as his advisers are ramping down expectations about when the spending plan will stem a continuing rise in the nation?s unemployment.
Many of the stimulus plans that Obama announced yesterday already were in the works, including hundreds of maintenance projects at military bases, about 1,600 state road and airport improvements, and federal money states budgeted for 135,000 teachers, principals and school support staff.
The administration had always viewed the summer as a peak for stimulus spending, as better weather permitted more public works construction and federal agencies had processed requests from states and others. But Obama now promises an accelerated pace of federal spending over the next few months to boost the economy and produce jobs; Kazinform cites the Arab News.
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