Obama's multitrillion-dollar budget would deepen record pool of red ink, urge jobless help
Andrew Taylor"WASHINGTON (AP) Spelling out painful priorities, President Barack Obama urged Congress on Monday to quickly approve a huge new shot of spending for recession relief and job creation, part of a record $3.8 trillion budget that would boost the deficit beyond any in the nation's history while only slowly beginning to put Americans back to work. "If Congress goes along with Obama's election-year plan, the nation would still end the year with unemployment pushing double digits at 9.8 percent and this year's pool of government red ink deepening to $1.56 trillion under the administration's accounting. "The spending blueprint for next year calls for tax cuts for workers and business and more aid for cash-starved state governments as well as the unemployed. The jobs initiative largely mirrors last year's stimulus bill, but is about one-third its size. The president is asking for nearly $300 billion for recession relief and job stimulus." Read on...
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"Obama's multitrillion-dollar budget would deepen record pool of red ink, urge jobless help", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), février 2010. Consulté le 23/09/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/obama-s-multitrillion-dollar-budget-would-deepen-record-pool-of-red-ink-urge-jobless-help