Budget chief asks for time for stimulus to work
Monday, March 9, 2009
WASHINGTON -- The White House budget chief says he is giving the stimulus plan time to work before looking at revising predictions for the economy's future.
Peter Orszag says officials shouldn't be constantly changing their approach to dealing with the troubled economy based on every new report. That, he says, would be like chasing your tail.
The economy has grown steadily worse since the administration put together its stimulus plan. Still, Orszag says no second stimulus or any changes are in the works. Stimulus money is just starting to flow into the economy, and Orszag is urging people to give it some time to work.
Orszag appeared Sunday on CNN's "State of the Union."