You want private sector job growth as a result of the new bill?
WASHINGTON (AP) – President Barack Obama says Caterpillar’s chief executive has told him the company will rehire some laid-off workers if the stimulus bill passes.
The heavy equipment maker announced more than 22,000 job cuts last month as it scales back production amid the economic slowdown.
During a visit to a transportation construction site just outside Washington in Springfield, Va., on Wednesday, Obama urged Congress to pass the bill. [...]
Obama is to speak with some of those workers on Thursday when he visits a Caterpillar manufacturing plant in Peoria, Ill.
More as it develops…
This entry was posted on Wednesday, February 11th, 2009 and is filed under Barack, Jobs, Stimulus. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.