Obama's Economic Recovery Plan made Public

Today, President-elect Barack Obama made public a detailed analysis by his economic advisers that estimates the $775 billion plan of tax cuts and new spending would create 3.5 million jobs over the next two years.

In December, the unemployment rate climbed to 7.2%, the highest in 16 years. The number of jobs lost in 2008 amounts to just over 2.5 million, the most on record since 1945. Job losses occurred across almost every sector of the economy, with only small increases seen in education and healthcare services and government employment. Read more about this story in the Wall Street Journal online here.

The 14-page analysis of Mr. Obama's $775 billion plan is available for public view on the internet.