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Biden Speaks to Economic Recovery Cabinet
FOXBusinessShareThis ^ | Wednesday, February 25, 2009 | Kathryn Elizabeth Tuggle

Posted on 02/26/2009 5:19:47 AM PST by DBCJR

On Wednesday, Vice President Joe Biden met with members of President Barack Obama’s Cabinet to discuss the first steps necessary in getting money from the stimulus package to the aid of the American people.

In President Obama’s speech on Tuesday evening, he addressed the arduous task facing the recovery team, but said that “nobody messes with Joe,” speaking of Vice President Biden, as a reason he had put Biden in charge of the recovery plan.

Wednesday, Biden said that the stimulus package is meant to “drop-kick" the economy out of recession, and addressed the need for getting money distributed quickly. He also gave a stern warning to anyone who might plan to misuse the funds given to them, saying he would go on television and embarrass members of federal, state and local governments performing incorrectly.

Biden said that 95% of American families would see their paychecks go up no later than April 1. The first installment of stimulus money will be $15 billion going towards healthcare. After that, a $10 billion installment of stimulus money will be given to the Department of Housing and Urban Development on Wednesday to help homes become more energy efficient.

Next week, more announcements are expected. Biden made mention of breaking ground for other projects including roads and bridges, schools and renewable energy.

The Recovery.gov Web site, which was set up to answer questions about how the stimulus money is being spent, has been flooded with more than 3,000 hits per second, according to Peter Orszag, President Obama's budget director.

Biden said in the meeting that he and other members of the cabinet were going to “follow the money” to ensure it was going where it was meant to go. Orszag added that procurement officers are needed to regulate and manage the money effectively in order to speed up job creation.

Biden said that once a week the committee will be asked for “progress reports” to determine where they need help and what any shortfalls are in the program.


TOPICS: Chit/Chat
KEYWORDS: biden; cabinet; economicrecovery
"Biden said that 95% of American families would see their paychecks go up no later than April 1."

Do we HOLD him to this?

Have you seen The Recovery.gov Web site? What a joke!

1 posted on 02/26/2009 5:19:48 AM PST by DBCJR
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To: DBCJR

Uh oh... Biden opened his mouth in public again?

How many feet went in this time?


2 posted on 02/26/2009 5:23:00 AM PST by J40000
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To: DBCJR

“Biden said that the stimulus package is meant to “drop-kick” the economy out of recession...”

I’d like to drop-kick Biden out of Washington.


3 posted on 02/26/2009 5:24:06 AM PST by J40000
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To: DBCJR
The Economic Recovery Cabinet...


4 posted on 02/26/2009 5:39:01 AM PST by 6SJ7 (Atlas Shrugged Mode: ON)
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To: DBCJR

Does FoxNews have the website number?


5 posted on 02/26/2009 5:39:54 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: 6SJ7

That chick on the right could get some money circulating in a port city when the merchant marines ship comes in.


6 posted on 02/26/2009 5:40:20 AM PST by DBCJR (What would you expect?)
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To: RSmithOpt

That was funny!


7 posted on 02/26/2009 5:40:52 AM PST by DBCJR (What would you expect?)
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To: DBCJR

“What’s the number of that web site?” -Joe Biden.


8 posted on 02/26/2009 5:43:01 AM PST by WakeUpAndVote (INGSOC started 1.20.09)
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To: 6SJ7

What movie was that from?


9 posted on 02/26/2009 5:43:53 AM PST by WakeUpAndVote (INGSOC started 1.20.09)
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To: DBCJR

“Follow the money”- apparently, it’s a Biden family tradition!


10 posted on 02/26/2009 5:46:45 AM PST by silverleaf (Freedom's just another word for "nothing left to lose")
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To: DBCJR

T-Y


11 posted on 02/26/2009 5:53:09 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: DBCJR

Was it a wall cabinet or a base cabinet?


12 posted on 02/26/2009 6:07:44 AM PST by nesnah (Expression with an attitude - http://www.polistic.com)
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To: nesnah

Was it a wall cabinet or a base cabinet?


Liquor cabinet! Adds new meaning to “recovery”.


13 posted on 02/26/2009 6:09:39 AM PST by DBCJR (What would you expect?)
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To: WakeUpAndVote
What movie was that from?

The movie is "Idiocracy"; a disturbing look at a future America. Well worth renting on Netflix.

14 posted on 02/26/2009 6:25:37 AM PST by 6SJ7 (Atlas Shrugged Mode: ON)
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