From the transcript of President-elect Obama's third press conference.
"All right. Where's Andy Shaw?. We're going local here. Andy, you back there somewhere? There you are. All right.
Q Let me ask you a question on behalf of local political reporters all over the country. As you know, mayors and county board presidents and governors are facing budgets that are hemorrhaging from this economic downturn, hundreds of millions of dollars, and they're faced with layoffs and tax increases they don't want to impose. And they're kind of wondering, to paraphrase the late, great Mike Royko: Where's ours?
What in your plan speaks to the needs of governmental bodies? They're not Main Street, they're not Wall Street, they're not the U.S. Capitol; but they're Randolph and LaSalle, which is City Hall, and they're 2nd and Capitol, where you worked for eight years in Springfield. Hundreds of your friends are wondering what you're going to do, because they're in desperate straits from the standpoint of their budgets.
PRESIDENT-ELECT OBAMA: Well, look, this is an important point. And it's one that I addressed during the campaign and is implicit in the economic recovery plan that I talked about yesterday and that I talked about on Saturday in my weekly address.
We are going to have to make sure that we are investing in roads, bridges, other infrastructure investments that lay the groundwork for long-term economic growth. A lot of that goes through our states and our local governments.
And one of the things that we're going to also want to make sure of is that as part of our economic plan, that we are fast-tracking some of these projects. And so the best way for us to do that may be in some cases to see what's -- what projects are already being undertaken by state and local governments, and making sure that they have the funds to continue those projects.
So we're going to be working very closely with governors. We're going to be working very closely with mayors of towns, small and large, across the country. This economic recovery plan will require their input, their participation. And you know, part of our job is to make sure that we are listening to what's happening on the ground, where the rubber hits the road, and not simply designing something out of Washington.
Now, this raises one other important point, though. Part of the charge of Peter and Rob and the rest of our budget team is to make sure that we are proceeding on projects and investments based on national priorities and not based on politics. You mentioned sort of my friends. I want to be clear; friendship doesn't into this. That's part of the old way of doing business.
The new way of doing business is, let's figure out what projects, what investments are going to give the American economy the most bang for the buck; how can we protect taxpayer dollars, so that this money is not wasted; restore a sense of confidence among taxpayers that when we spend our money, it's on things that are actually going to improve their quality of life, create the jobs that are so desperately needed, help to spur on economic growth and business creation in the private sector. That's all part of the new way of doing business."
Read Lynn Sweet's Sun-Times article...
