White House Urges Congress to Help Revive Economy ‘Quickly’

The Obama administration, concerned about the weakening U.S. recovery, is pushing Congress to approve proposals to stimulate growth in the final two months before congressional elections.

“The only surefire ways for policy makers to substantially increase aggregate demand in the short run are for the government to spend more and tax less,” Christina Romer, the departing White House chief economist, said in a speech in Washington yesterday. “We should be moving forward on both fronts.”