Obama - A New Stimulus Jolt

[red states rule]

So after the first "stimulus" bil fialed - Obama wants to try it again?

Will these jobs be added to the mysterious "saved and created jobs" number?



Politics Today: A New Stimulus Jolt


PRESIDENT OBAMA TODAY: The president heads to the National Institutes of Health in Bethesda, Md., where he'll announce $5 billion in economic stimulus funds for the NIH to create jobs and support research for cancer and other diseases, reports the Associated Press.

The money comes from the $787 billion economic stimulus program that is designed to help create jobs and turn around the economy. Jared Bernstein, who is Vice President Joe Biden's chief economist, says the $5 billion will support some 12,000 existing projects and create thousands of jobs over the next two years for researchers and educators, as well as medical equipment makers and suppliers.

Mr. Obama will be joined by Health and Human Services Secretary Kathleen Sebelius.

http://www.cbsnews.com/blogs/2009/09...y5352615.shtml

[Yurt]

how did the first stimulus bill fail? only about a third has been spent....