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President Barack Obama Restates Recovery Goals

The points on this map represent a sampling of agency commitments for the next 100 days under the Recovery Act.

The points on this map represent a sampling of agency commitments for the next 100 days under the Recovery Act.

June 8, 2009

REMARKS BY THE PRESIDENT AND THE VICE PRESIDENT
BEFORE MEETING WITH CABINET TO DISCUSS ROADMAP TO RECOVERY

State Dining Room

12:04 P.M. EDT

THE VICE PRESIDENT: Mr. President, it seems strange to thank you for joining us in your house, but thank you for joining us. In a little more than a hundred days, I think your Cabinet has done a pretty good job, Mr. President, on the Recovery Act. I think we’ve put in place — or they’ve put in place a pretty strong platform upon which we can begin to build this new economy.

And so far, Mr. President, you’ve provided immediate relief for instability through Make Work Pay tax credit — 95 percent of the families in America are now receiving a tax break, and they’re seeing it in their paycheck every month. We’ve increased food assistance to people in need, and the people hurt worst by this recession. We’ve kept thousands of people on the Medicaid rolls, and we’ve added a thousand more. And we also have expanded unemployment insurance and increased it.

You’ve implemented a tax credit program, Mr. President, and other incentives that’s driving new consumer spending and is creating new products. And there is — for example, there’s a transformer factory in Missouri some of us visited that’s making transformers now, paying people a good, decent wage, because of the tax credits for a company in Missouri that’s building a hundred new windmills. This is happening all over.

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