Obama urges Congress to act on economy
Sunday, 16 November 2008
CHICAGO, Nov 15 (AFP): US president-elect Barack Obama today urged Congress to take urgent steps to alleviate the pain of an economic crisis on millions of working Americans, describing the current US economic situation as a "recession."
Delivering a weekly Democratic radio address, Obama said lawmakers must address the spreading impact of the economic crisis when they meet for a final session of the year next week.
"I urge them to pass at least a down-payment on a rescue plan that will create jobs, relieve the squeeze on families, and help get the economy growing again," the president-elect said.
"In particular, we cannot afford to delay providing help for the more than one million Americans who will have exhausted their unemployment insurance by the end of this year."
Delivering a weekly Democratic radio address, Obama said lawmakers must address the spreading impact of the economic crisis when they meet for a final session of the year next week.
"I urge them to pass at least a down-payment on a rescue plan that will create jobs, relieve the squeeze on families, and help get the economy growing again," the president-elect said.
"In particular, we cannot afford to delay providing help for the more than one million Americans who will have exhausted their unemployment insurance by the end of this year."