WASHINGTON, Jan. 25 (UPI) -- White House chief economic adviser Larry Summers said Sunday the Obama administration will press ahead with its economic stimulus plan.
The $825 billion plan has drawn opposition from lawmakers on both sides of the aisle who say they are skeptical parts of it will jump start the sluggish U.S. economy.
In an appearance on NBC's "Meet the Press" program, Summers said what is needed now is government spending, then fiscal restraint once the economy begins to recover.
"We've got to spend money now, while we have a recession, while we've got this serious economic crisis, but as soon as the economy recovers, we are going to have find ways of getting the government's finances under some kind of control," Summers said.
House Minority Leader John Boehner, R-Ohio, said on the same program that there were elements of Obama's plan he could support, but said he cannot support the plan in its entirety.
"If it's the plan that I see today, put me down in the 'no' column," he said. "I think a lot of Republicans will vote 'no' because they see this as a lot of wasteful Washington spending, padding the bureaucracy and doing nothing to help create jobs and preserve jobs."
