EAST PEORIA, Ill. (AP) The president declared Thursday that the $789 billion stimulus plan will unleash a wave of construction, innovation and job growth once he signs it into law. Congressional leaders are ironing out the final details of the plan after negotiators came to terms on
Obama spoke on a plant floor of Caterpillar Inc., the heavy
equipment manufacturer that has announced layoffs of more than
22,000 jobs because of sliding demand.
Obama said the company would rehire some of the workers when the
economic bill becomes law and predicted other companies will have