by Associated Press
Published: Mon, February 09, 2009 - 10:49 pm CST
Last Updated: Mon, February 09, 2009 - 10:54 pm CST
President Barack Obama says he's certain thatunless Congress quickly approves a massive stimulus, the economic
crisis will deepen as will the pain felt by millions of Americans.
In his primetime news conference, the president conceded the
plan "is not perfect" but that bold, quick action is needed to
prevent turning "a crisis into catastrophe."
Obama says the recession has so weakened the economy only the
federal government can jolt it back to life.
The president rejected criticism that the emphasis on federal
action is too great. He said 90 percent of the jobs created by the
plan would be in the private sector, rebuilding crumbling roads,
bridges and other aging infrastructure.
He says his bottom line is to make sure that 4 million jobs are
saved or created.
The president spoke with reporters after the Senate advanced its
$838 billion version of the stimulus toward a final vote as early
as tomorrow.
Gov. Bob Riley On Obama’s Inauguration
Email to a Friend 
Printer Friendly 
Recently Commented On
Free Turkey Giveaway Draws A…
Health Care Bill Clears First…
Driver Loses Control Hitting…
WKRG Digital Signal Upgrade
Siran Stacy Sues Dothan 911…