Congress is planning to give Barack Obama some serious motivation to jump right into the job on Inauguration Day, with two key lawmakers saying they plan to have a major economic stimulus package waiting for him on Jan. 20.

Bloomberg.com:

Senator Charles Schumer of New York said on ABC’s “This Week” program that the package will be between $500 billion and $700 billion. House Majority Leader Steny Hoyer, of Maryland, said on “Fox News Sunday” that he believed the Inauguration Day goal would be met, but he declined to put a price tag on the bill.

“I think Congress will work with the president elect starting now and will have a major stimulus package on his desk by Inauguration Day,” Schumer said. “I think it has to be deep. My view [is] it has to be between [$500 billion] and $700 billion.”

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In this Article:
#barack obama#chuck schumer#economy#inauguration#michael bloomberg#president#steny hoyer#stimulus