Obama is set to pitch his economic stimulus package to Congress today. Under the plan, Obama is aiming to create up to 3 million new jobs, 80% of which in the private sector. Additionally, there would be tax credits of up to $500 for private workers and new breaks for businesses that would be able to write-off various new assets of up to 250,000 in 2009 and 2010 only. Obama is urging lawmakers to act swiftly with the economic stimulus package. Obama will also hold meetings with House Leader Nancy Pelosi, among other high-ranking officials. Obama’s stimulus package could top $770 billion.


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