President Obama Gives Update on Recent Economic Stimulus
Measures
On April 14 President Barack Obama gave what is being called a major
speech on the economy -- and the Council for
Exceptional Children was there.
The speech, which the president characterized as more prose than
poetry, was presented in the intimate, 700-seat Easton Hall at
Georgetown University.
In his address, President Obama said that recent stimulus measures
“are starting to generate signs of economic progress,” but
more tough times are ahead. Building a new foundation, however,
will be necessary to ensure the country’s economic future is built
on solid ground.
“It’s a foundation built upon five pillars that will grow
our economy and make this new century another American century: New
rules for Wall Street that will reward drive and innovation; new
investments in education that will make our workforce more skilled and
competitive; new investments in renewable energy and technology that
will create new jobs and industries; new investments in health care that
will cut costs for families and businesses; and new savings in our
federal budget that will bring down the debt for future
generations,” the president said. “That is the new
foundation we must build. That must be our future – and my
Administration’s policies are designed to achieve that
future.”
The economic stimulus package, signed into law Feb. 17, provided
approximately $100 billion for programs administered by the U.S.
Department of Education and more than doubled current federal funding
for special education and early intervention programs that CEC and its
members have long advocated for.
Click here to see the president’s speech
in its entirety.
Click
here for CEC’s economic stimulus resources.
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