Philadelphia (WTNH/AP) - President-elect Barack Obama is pledging quick work on an
economic recovery plan to include tax cuts and increased federal
spending and telling the nation's governors he wants their help in
designing it.
As he sat down with governors struggling with budget deficits at
home, Obama said he wants to "put tax cuts into the pockets of
hard-pressed middle class families." He also said Tuesday that he
intends to "make a down payment on the investments we need to build
a strong economy for years to come."
Vice President Joe Biden told the same group he hopes they will
not criticize the incoming administration for raising the deficit
as it tries to help them.
Connecticut Gov. M. Jodi Rell is among those meeting with Obama
and Biden.
"We're hurting, and while I make no bones about it I am not
going with my hat in my hand or my hand out," the governor said in
a live interview on Good Morning Connecticut.
Rell says Connecticut is looking at a possible $2.7 billion
budget shortfall next year.
The state has collected less personal income tax, less sales tax
and less gas tax revenue.
Gov. Rell has asked her advisors to get a list of projects
together so if President-elect Barack Obama releases money to
states Connecticut can get cracking on so-called shovel ready
projects.
"These are things that have received all their permits. They're
ready to go. There is no waiting. We're just waiting on the funds
for them obviously," Gov. Rell said. "So if that's to come through
it will help all of our states, get people employed, get them
working, and that will be a great help.
Gov. Rell said those shovel-ready projects she would like to
focus on first include roads and bridges and infrastructure
projects.
Gov. Rell drove to Philadelphia for this meeting on her own
dime. She has banned out-of-state travel.