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News Link • Economy - Economics USA

Obama's stimulus jobs overstated

• AP
The White House promised Thursday that new figures showing progress in President Barack Obama's economic recovery plan will be more accurate as it aggressively defended an earlier faulty count that overstated by thousands the jobs created or saved so far.

Ed DeSeve, serving as Obama's stimulus overseer, said the administration has been working for weeks to correct mistakes in early counts that identified more than 30,000 jobs paid for with stimulus money. He said a new stimulus report Friday should correct many mistakes an Associated Press review found that showed the earlier report overstated thousands of stimulus jobs.

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