Around the World: United States
China Daily | Updated: 2008-12-15 07:38
Obama's stimulus package
US President-elect Barack Obama's team is considering a plan to boost the recession-hit US economy that could be far larger than previous estimates and might reach $1 trillion over two years, the Wall Street Journal reported on Saturday.
Obama aides, who were considering a half-trillion dollar package two weeks ago, now consider $600 billion over two years "a very low-end estimate," the paper said, citing an unidentified person familiar with the matter.
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