The president-elect sets his priorities

President-elect Barack Obama began laying the foundation of his administration this week, as he filled several key positions and formed an initial strategy for dealing with the deeply troubled economy.

What happened

President-elect Barack Obama began laying the foundation of his administration this week, as he filled several key positions and formed an initial strategy for dealing with the deeply troubled economy. Faced with a potentially severe and prolonged recession, Obama was reported to be considering a stimulus package of as much as $500 billion. The funds would likely be spent on projects to repair roads and bridges, as well as on extensions of unemployment benefits, alternative energy investment, and aid to state and local governments.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up
Latest Videos FromThe Week
Explore More