President-elect Barack Obama said on Saturday an analysis of his stimulus proposals shows that between 3 million and 4 million U.S. jobs could be saved or created by 2010, nearly 90 percent of them in the private sector.
The analysis of Obama's estimated $800 billion plan to lift the country out of a year-long recession was submitted by the chair of his council of economic advisers, Christina Romer, and by Vice President-elect Joe Biden's chief economic adviser, Jared Bernstein.
Obama announced the report on his weekly radio and Internet address. He had previously said his American Recovery and Reinvestment Plan would create or save 3 million jobs, but said the analysis from his advisers showed that number would range between 3 million and 4 million.
You can view Obama's address below:
