President-elect Obama has urged President Bush to take action on an economic stimulus package during their meeting today, NBC reports. He also discussed help for automakers and housing.

“A source familiar with today’s White House meeting tells NBC News that President-elect Obama focused on three economic issues during his conversations with President Bush this afternoon. The top topics: a stimulus package in the lame duck session, aid to the auto industry, and help for homeowners with adjustible-rate mortgages in order to prevent more foreclosures.”

Read the full story here.

Peter Fray

Get your first 12 weeks of Crikey for $12.

Without subscribers, Crikey can’t do what it does. Fortunately, our support base is growing.

Every day, Crikey aims to bring new and challenging insights into politics, business, national affairs, media and society. We lift up the rocks that other news media largely ignore. Without your support, more of those rocks – and the secrets beneath them — will remain lodged in the dirt.

Join today and get your first 12 weeks of Crikey for just $12.

 

Peter Fray
Editor-in-chief of Crikey

JOIN NOW