White House officials, under pressure from the economy’s continuing job losses, plan to announce Friday that President Barack Obama’s $787 billion stimulus plan “has created and saved at least 1 million jobs” since he signed it in February.
“We anticipate that these reports will credit the Recovery Act with directly creating or saving about 650,000 jobs,” a senior administration official e-mailed POLITICO Friday morning. “Because these reports show that less than half of the spending through that date created or saved about 650,000 jobs, they confirm government and private forecaster’s estimates that overall Recovery Act spending has created and saved at least 1 million jobs.”
Filed under: Stimulus | Tagged: Employment, Jobs, Stimulus, unemployment
