Tuesday, December 8, 2009

New Obama Plans: 'Spend Our Way Out' Of Downturn...



WASHINGTON (AP) - President Barack Obama outlined new multibillion-dollar stimulus and jobs proposals Tuesday, saying the nation must continue to "spend our way out of this recession" until more Americans are back at work.

Without giving a price tag, Obama proposed a package of new spending for highway, bridge and other infrastructure projects, deeper tax breaksfor small businesses and tax incentives to encourage people to make their homes more energy efficient.

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Hey, here is a great idea: Why don't I pay off my credit card bills by taking out a home equity loan?


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