Congressman Obey discusses latest economic stimulus package - WAOW - Newsline 9, Wausau News, Weather, Sports

Congressman Obey discusses latest economic stimulus package

By Katie Rosenberg

WASHINGTON DC (WAOW)-- Wisconsin Congressman Dave Obey believes the United States is going through the worst economic crisis since 1932. He says he's working with the Obama Administration and other congressional leaders to create a massive economic stimulus package to help states get through it.

The money would go to shovel-ready infrastructure projects as well as provide immediate help for public programs.

Obey discussed the plan with reporters Thusday, "Our task is going to be to try to find a way to inject a large amount of money into the economy right away to counter the shrinking and collapsing economy that's happening all over the country."

Obey didn't give any details about the price of the plan but some reports peg it at $850 billion over the next two years.

Online Reporter: Katie Rosenberg

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