The American Presidency Project
John T. Woolley & Gerhard Peters • Santa Barbara, California return to original document
• Barack Obama
Press Release: President-Elect Speaks on the Need for Urgent Action on an American Recovery and Reinvestment Plan
January 8, 2009
WASHINGTON – Today, President-elect Barack Obama delivered remarks at George Mason University where he made the case for urgent action on an American Recovery and Reinvestment Plan that will save or create over 3 million jobs while investing in priorities like health care, energy, and education that will jumpstart economic growth. This plan will represent not just new policy, but a new approach to meeting our most urgent challenges.

President-elect Obama announced that an American Recovery and Reinvestment Plan will jumpstart job creation and long-term growth by:

  • Doubling the production of alternative energy in the next three years.
  • Modernizing more than 75% of federal buildings and improve the energy efficiency of two million American homes, saving consumers and taxpayers billions on our energy bills.
  • Making the immediate investments necessary to ensure that within five years, all of America's medical records are computerized.
  • Equipping tens of thousands of schools, community colleges, and public universities with 21st century classrooms, labs, and libraries.
  • Expanding broadband across America, so that a small business in a rural town can connect and compete with their counterparts anywhere in the world.
  • Investing in the science, research, and technology that will lead to new medical breakthroughs, new discoveries, and entire new industries.
Citation: Barack Obama: "Press Release: President-Elect Speaks on the Need for Urgent Action on an American Recovery and Reinvestment Plan", January 8, 2009. Online by Gerhard Peters and John T. Woolley, The American Presidency Project. http://www.presidency.ucsb.edu/ws/?pid=85360.
 
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