Many Republicans, meanwhile, remain skeptical of a big boost in deficit spending, and oppose anything that smacks of a tax hike. 'At a time of great economic uncertainty, the last thing we want to do is raise taxes on anyone,' House Minority Leader John Boehner (R., Ohio) told CBS. 'We're going to have a hard enough time coming to agreement on what this package will look like.'
Mr. Obama suggested that he was flexible about the economic-recovery plan, and that he was willing to consider ideas proposed by lawmakers from both parties. But he also cited projections that four million U.S. jobs could be lost this year, on top of the 2.5 million positions lost in 2008. 'The sooner a recovery and reinvestment package is in place, the sooner we can start turning the economy around,' Mr. Obama said
Ms. Pelosi said she intends to move a stimulus package through the House by the President's Day legislative break. She said the package could turn out to cost more than the $775 billion cited by the Obama transition team.
Speaking on other issues in a wide-ranging interview, Mr. Obama reiterated that he plans to emphasize diplomacy in trying to stem Iran's nuclear ambitions. The president-elect said his team is already preparing an approach that sends 'a signal that we respect the aspirations of the Iranian people, but that we also have certain expectations in terms of how an international actor behaves.'Mr. Obama pointed to Iran's history of 'exporting terrorism through Hamas, through Hezbollah,' in addition to the country's alleged efforts to secure nuclear weapons.
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