Barack Obama
The Public Record
Barack Obama served as the 44th President of the United States from January 20, 2009, to January 20, 2017. A member of the Democratic Party, he previously represented Illinois in the U.S. Senate from 2005 to 2008 and served in the Illinois State Senate from 1997 to 2004. Obama is known for his signature policies including the Affordable Care Act, also known as Obamacare, and his efforts in economic recovery following the 2008 financial crisis. His presidency was marked by significant legislative achievements and a focus on healthcare reform, climate change, and foreign policy initiatives such as the Iran nuclear deal.
Whether that's done through repeal or whether that's done because the Bush tax cuts are not renewed is something that my economic team will be providing me a recommendation on.
I don't want to get into numbers right now. Part of the task of this economic team behind me is to help to shape, the detail of that plan.
That work starts today because the truth is we do not have a minute to waste. Right now, our economy is trapped in a vicious cycle.
Vice President-elect Biden and I have assembled an economic team with the vision and expertise to stabilize our economy, create jobs, and get America back on track.
Even as we face great economic challenges, we know that great opportunity is at hand -- if we act swiftly and boldly.
The economic crisis we face is no longer just an American crisis, it is a global crisis.
I have full confidence in the wisdom and ingenuity of my economic team.
I will rely heavily on his advice as we navigate the uncharted waters of this economic crisis.
Most experts now believe that we could lose millions of jobs next year.
Today, Vice President-elect Biden and I are pleased to announce the nomination of four individuals who meet these criteria to lead our economic team.
These accomplished individuals share our commitment to bringing people together to achieve results for the American people at this time of great national challenge.
Today's announcement continues to build a team with the talent, commitment and experience to bring the change that we need to Washington.
She's yet to cite what experience, in fact, prepares her for that 3 a.m. phone call.
These individuals will fill essential roles, and bring a breadth and depth of experience that can help our administration advance prosperity and security for the American people.
But January 20th is our chance to begin anew – with a new direction, new ideas, and new reforms that will create jobs and fuel long-term economic growth.
We have now lost 1.2 million jobs this year, and if we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year.





