At a House Joint Economic Committee hearing today on the current economic outlook, Dr. Christina Romer, Chair of Council for Economic Advisors said, “during the first one hundred days if the Obama administration...the Recovery Act has already already saved or created about 150,000 jobs.” Adding “that most of the benefits of the Recovery Act are yet to come... our estimates remain that the American Recovery and Reinvestment Act spending will create or save 3.5 million jobs before the end of next year.”
150,000 Jobs In Obama's First 100 Days
At a House Joint Economic Committee hearing today on the current economic outlook, Dr. Christina Romer, Chair of Council for Economic Advisors said, “during the first one hundred days if the Obama administration...the Recovery Act has already already saved or created about 150,000 jobs.” Adding “that most of the benefits of the Recovery Act are yet to come... our estimates remain that the American Recovery and Reinvestment Act spending will create or save 3.5 million jobs before the end of next year.”
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