Thu Sep 02 2010
by Thomas J. Sheeran
Associated Press Writer
Cleveland (AP) -- Vice President Joe Biden told an audience Oct. 26 that the federal economic stimulus package is helping to revive the U.S. economy and has helped stabilized the financial markets.
Biden spoke inside a Cleveland Hopkins Airport firehouse as hard-hat crews worked on the start of a $16 million project funded by stimulus dollars.
He says major U.S. banks were facing collapse and economists were predicting a possible depression when President Barack Obama took office in January.
Biden says there is still a lot of work to do to solidify the economy, but that the airport project is an example of what Washington is doing.
He says the project to expand the taxiway will ease gate congestion and improve airport efficiency.
The project will employ about 200 people and be completed by mid-2010.
AP Photo / Mark Duncan
Vice President Joe Biden speaks about the administration's economic recovery plan Oct. 26, at Cleveland Hopkins International Airport.
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