Barack Obama's plans for economy opposed
26-01-2009
Prominent members of the opposition Republican party in the United States have threatened to vote against President Obama's 800 billion dollar plan to stimulate the economy. The Republican leader in the House of Representatives, John Boehner, said he thought the package would not work, and he wouldn't support it unless it were substantially changed. President Obama's top aides had earlier explained his plan to stimulate the economy. Speaking on Sunday television programmes, vice-president, Joe Biden, said they'd begin to promote economic activity by, as he put it, getting money out of the door as rapidly as possible. Chief Economic Adviser, Larry Summers, said the US couldn't afford Republican demands to renew tax cuts for wealthier Americans.
