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Obama Speech Outlines Possible $450 Billion Plan

September 13, 2011 by  

The President announced his plan to Congress in an effort to bolster his image after negative economic news came out over the past two weeks. President Barack Obama delivered a speech about the state of the economy that outlined a potential plan for how to spark growth and create jobs with $450 billion more from the American taxpayers.

The President announced his plan to Congress in an effort to bolster his image after negative economic news came out over the past two weeks. While his proposal featured a mix of tax cuts and spending, the price tag for the project has many up in arms, according to Fox News.

“Faced with the reality of historic unemployment rates and record federal debt, I had hoped that President Obama, by now, would understand that even more government spending doesn’t create jobs,” Senator Jon Kyl (R-Ariz.) said in a brief rebuttal. “Rather than offer a new roadmap for recovery and reform, he merely dusted off a tired agenda of old ideas wrapped in freshly partisan rhetoric.”

While the rhetoric was delivered in a stern and forceful manner, many Republicans joined Kyl in noting that a speech does not mean action. Obama offered a refrain during address, saying “pass this bill”, something that many say epitomizes his need to ask before acting due to the lack of power that he has had, Business Insider reported.

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