It has been reported that Barack Obama along with his supporters is encouraging the Senate to spend more money to introduce more funds in the country and for reviving the economy.
White House Adviser David Axelrod said, "People are suffering out there. We want to keep this economy growing faster. We want to see an acceleration of job creation. And we have to take some steps to continue in that direction".
The Congress leaders have been asked to stimulate the process of creating new jobs and putting up a strong force en route for upturn.
Obama is also heading towards reducing the budding loss of teachers. According to him, several lakhs of teachers will become jobless and thus, the economic conditions will possibly improve as dollars will start increasing in the economy.
In addition to this, the ruling members of the Council have passed legislation to replenish the jobless profits and widening the tax breaks.
But the fear among the economists is rising continuously as the European catastrophe in Greece may come in the way of States economy upturn.
They are afraid as the steps which Obama’s administration is planning to take are just a very small move towards U.S. recovery. Jobs created were far less than expected. The total numbers of new jobs designed in private sector were 41,000.
The fiscal deficit is constantly increasing rather than showing any reduction in it. It is expected to increase from $1.4 trillion to $1.6 trillion in 2010.