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Page added on December 22, 2008

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Obama team plans biggest boost in history to save American economy

Barack Obama’s administration in waiting signalled yesterday that it was preparing the biggest economic stimulus in US history to avert mass unemployment in a stuttering economy that could face the toughest recession in half a century.


The Obama camp indicated that the package would be worth between $675bn and $775bn, easily eclipsing other packages unveiled in China, Japan and Britain. The cash will include programmes to transmit wind and solar energy across America and to put millions of medical records into digital format.
Guardian



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