President Barack Obama

Barack Obama told a meeting of state governors of the National Governors Association, concerned about their own budget deficits, that they will receive help from the incoming Obama administration. The news could not come too soon, as many state budgets are under terrific strain resulting from the global economic crisis.

President-elect Barack Obama urged state governors to assist with crafting an economic recovery plan. Obama has already indicated that a first priority once he is inaugurated as America’s 44^th president will be an economic stimulus program to jumpstart the U.S. economy. During the meeting of the National Governors Association, Barack Obama repeated his priority for a plan that will save or retain two and a half million jobs. The Obama plan would also provide tax cuts to the middle class