Originally published by the Voice of America (www.voanews.com).
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November 22, 2008

Obama Plan to Create 2.5 Million Jobs by 2011
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http://enews.voanews.com/t?ctl=20890EE:5F753BCA39991A3BF8C239D45718395DC030207A0BD70133&
 
US president-elect vows to sign Economic Recovery Plan soon after taking
office on January 20 
U.S. President-elect Barack Obama (file photo)U.S. President-elect
Barack Obama says he has directed his economic
team to develop a plan to create 2.5 million jobs by January
of 2011.In Saturday's Democratic radio address, Mr. Obama said
details of his economic recovery plan are still being worked out, but
he promised to sign it soon after taking office on January 20.The
incoming president says the two-year action plan will lay the
foundation for a strong and growing economy and put people back to work
rebuilding roads, modernizing schools, and developing new energy
technologies. U.S. media report Mr. Obama will announce his economic
team on Monday. News
agencies say Mr. Obama will nominate Timothy Geithner, head of the
Federal Reserve Bank of New York, to be his treasury secretary. Geithner
is one of the top central bank officials who set U.S. interest rate
policy and made other decisions aimed at keeping inflation and
unemployment in check. Meanwhile, the office of former
presidential candidate Hillary Clinton has denied reports that she has
decided to give up her Senate seat and accept the position of secretary
of state. But a spokesman said talks with the Obama transition team are
on track.


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