U.s. Economy

November 08, 2008

Obama's proposals

* Swift passage by Congress of a new fiscal stimulus bill either before or soon after he takes office in January.

* Immediate extension of unemployment benefits for those who can't find work.

* A rescue plan for the middle class that invests in immediate efforts to create jobs and provides relief to families watching paychecks shrink and life savings disappear.

* Efforts to address the spreading impact of the financial crisis on other sectors of the economy, including small businesses struggling to meet payroll and finance holiday inventories and state and municipal governments facing budget cuts and tax increases.

* Aid for the struggling auto industry and related businesses such as auto suppliers, which face severe hardships.

* Review the implementation of the $700 billion financial rescue plan.

* A set of energy, health care, education and tax relief policies designed to grow the middle class and revive the economy.

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