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  • Schwarzenegger presses Obama on stimulus measures

    01/06/2009 3:03:53 PM PST · by NormsRevenge · 12 replies · 340+ views
    Reuters on Yahoo ^ | 1/6/09 | Jim Christie
    SAN FRANCISCO (Reuters) – California has nearly $44 billion in infrastructure projects ready to start and capable of creating nearly 800,000 jobs, Gov. Arnold Schwarzenegger told President-elect Barack Obama in a letter on Tuesday in which he urged a "substantial federal stimulus program." Obama officials and Democrats in Congress have been discussing economic stimulus legislation authorizing up to $775 billion over two years to help the U.S. economy recover from recession. Some governors have pressed for around $1 trillion in spending while many Republicans are talking about $500 billion. California, the most populous U.S. state, is suffering from a spike...