MNN - Mother Nature Network

Although many folks have likened Obama’s plans to a kind of “Green New Deal,” the President-elect noted that the majority of these jobs would be created in the private sector. He did add that he would also put people to work repairing roads, bridges, and schools—a project reminiscent of the type of public works projects implemented under President Roosevelt.

 

Other green initiatives outlined in the speech include building a smart grid capable of delivering clean energy throughout the nation and investing more money in science, research, and technology.

 

While the plan is sure to please enviros, some politicians—even Democrats—have criticized the package’s massive bill: The latest price tag reaches $800 billion, on top the $1.3 trillion of national debt America already has, so getting the plan passed early may pose problematic for the incoming administration.

 

Still, House Speaker Nancy Pelosi is adamant about formulating a stimulus package as early as possible.

 

From today’s New York Times:

 

"Despite reservations with parts of Mr. Obama’s stimulus plan, however, House Speaker Nancy Pelosi threatened to keep Congress in session through the Presidents Day recess in mid-February if it failed to act by then. 'It is long overdue,' the Web site Politico quoted Ms. Pelosi as saying shortly before Mr. Obama delivered his address. 'We’ve been asking for this recovery package for one year. We’ve been working on this for a long time.'”

 

Democrats hoped a stimulus package could be approved by the time Obama takes office on the 20^th, but due to opposition, legislators say it’s unlike anything will happen before the middle of February.

 

With the national unemployment rate expected to reach nine percent by the end of this year and the planet’s continued decline due to the effects of global warming and pollution, let’s hope lawmakers can put their partisanship aside and agree on a plan ASAP.