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Obama: Caterpillar Could Call Back Laid-Off Workers If Stimulus Bill Passes
President Obama says Caterpillar's boss has told him the company will rehire some laid-off workers if the stimulus bill passes.

The heavy equipment maker announced more than 22,000 job cuts last month as it scales back production amid the economic slowdown.

During a visit to a transportation construction site today in Springfield, Va., Obama urged Congress to pass the bill. The House and Senate are working out differences between competing versions of the legislation.

Obama said Caterpillar's CEO has told him that if the stimulus bill passes he would be able to rehire some of those employees. The president is to speak with some of those workers on Thursday when he visits a Caterpillar plant in Peoria.

(Illinois Radio Network)
02 11 09 by Newsroom
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