Obama to make pitch for stimulus plan

(AP) - President-elect Barack Obama says that withoutbig-time federal stimulus dollars now, the nation's recession couldgo on for years. In a speech set to be delivered today at Virginia's George MasonUniversity,

News 12 Staff

Jan 8, 2009, 1:30 PM

Updated 5,673 days ago

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(AP) - President-elect Barack Obama says that withoutbig-time federal stimulus dollars now, the nation's recession couldgo on for years. In a speech set to be delivered today at Virginia's George MasonUniversity, outside Washington, Obama is making his highest-profilecase yet for a stimulus plan. Obama says there's still time to change course but without"dramatic action as soon as possible," it may become too late. Obama says a worst-case scenario could include double-digitunemployment and $1 trillion in lost economic activity that recallsthe days of the Great Depression. It's the fourth day in a row that Obama has made a pitch for ahuge infusion of taxpayer dollars to revive the sinking economy.


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