Big Business Lines Up Behind Obama Stimulus Plan
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Barack Obama, Big Business Obama, Economic Crisis, Economy, Financial Crisis, Obama Stimulus Plan, Wall Street,
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The Hill:
Big business is lining up to support President-elect Obama's plan to stimulate the economy with the biggest spending spree on roads, bridges and other infrastructure projects since the Eisenhower administration.
Business groups believe injecting funds into rebuilding America's roads and highways could put thousands back to work at a time of rising unemployment. As a result, lobbyists from the U.S. Chamber of Commerce and the National Association of Manufacturers (NAM) are asking lawmakers and Obama's transition team to funnel federal funds to "shovel-ready" projects as the best way to stimulate the flagging economy.
First Posted: 12- 8-08 09:36 PM | Updated: 01- 8-09 05:12 AM