Barack Obama

The credit crisis is real. And it's not over. We averted catastrophe by passing the TARP legislation.

I think it's perfectly legitimate to say that those programs should be out of this particular recovery package and we can deal with them later.

You have some people, very sincere, who philosophically just think that government has no business interfering in the marketplace.

Folks here in Elkhart and all across America need help right now. They can't afford to keep waiting for folks in Washington to get this done.

When I made a series of overtures to the Republicans; going over to meet with both Republican caucuses; you know, putting three Republicans in my cabinet, something that is unprecedented; making sure that they were invited here to the…

Just in terms of the historic record here, the Republicans were brought in early and were consulted.

This notion that somehow I came in here just ginned up to spend $800 billion, that wasn't -- that wasn't how I envisioned my presidency beginning.

I can't tell you with 100 percent certainty that every single item in this plan will work exactly as we hoped.

But as we've learned very clearly and conclusively over the last eight years, tax cuts alone can't solve all of our economic problems, especially tax cuts that are targeted to the wealthiest few Americans.

It is only government that can break the vicious cycle where lost jobs lead to people spending less money which leads to even more layoffs.

The single most important part of this economic recovery and reinvestment plan is the fact that it will save or create up to 4 million jobs because that's what America needs most right now.

Last month our economy lost 598,000 jobs which is nearly the equivalent of losing every single job in the state of Maine.

Last month, our economy lost 598,000 jobs, which is nearly the equivalent of losing every single job in the state of Maine.

This investment will create a newer, smarter electric grid that will allow for broader use of alternative energy.

We're taking the most meaningful steps in years towards modernizing our health care system.

We're making the largest investment in education in our nation's history.

We are remaking the American landscape with the largest new investment in our nation's infrastructure since Eisenhower built an Interstate Highway System.

We're putting Americans to work doing the work that America needs done in critical areas that have been neglected for too long.

The United States and its allies must remain vigilant and willing to defend freedom and prevent Russia from engendering shifts in the global power structure detrimental to U.S. national security interests.

Promoting democracy, good governance, and the rule of law... is a core American foreign policy objective with regards to Russia.

In the last few days, the alleged scandal at Madoff investor securities has reminded us yet again of how badly reform is needed when it comes to the rules and regulations that govern our markets.

For homeowners who are victims of fraud, I have also proposed a $10 billion Foreclosure Prevention Fund that would help them sell a home that is beyond their means or modify their loan to avoid foreclosure or bankruptcy.

I'm confident that we can fix this.

These are extraordinary times and it calls for swift and extraordinary action.

All we can do, those of us here in Washington is to help create a favorable climate in which workers can prosper, businesses can thrive and our economy can grow. And that is exactly what the recovery plan I've proposed is intended to do…