Amid a drumbeat of grim economic reports, President-elect Barack Obama’s top economic advisors met Tuesday to refine plans for a massive stimulus proposal, promising the money would not go toward dubious pork-barrel projects.
Vice President-elect Joe Biden met with seven advisors for an hour here as Obama vacationed in Hawaii. With the incoming administration acknowledging the stimulus plan could cost as much as $775 billion over two years, Biden seemed intent on reassuring Americans the money would not be wasted.