Today, President-elect Barack Obama began a campaign to win Capitol Hill's approval for $300 billion in tax cuts and another $500 billion, or more, in spending. Until today, it has been up to press conferences and radio addresses by Obama and congressional Democratic leaders to make the sales pitch, but now the President-elect is fully engaging in the pitch, with a plan to do a series of high-profile events later this month to sell the public on the plan.

Obama adviser David Axelrod and other aides have stated in the past that the money would be spent on infrastructure, energy projects and tax cuts. Obama hopes to create or save 3 million jobs over two years. “The reason we are here today is because the people can’t wait. We have an extraordinary economic challenge ahead of us, stated Obama.