Friday, April 30, 2010

Obama Speaks on First Quarter GDP

Update: Obama calls GDP growth an important milestone but "you're hired" is the only economic news anyone wants to hear.

Obama says that all resources have been dispatched to the oil spill. Dept. of Interior Secretary Ken Salazar has 30 days to report back on his findings on the oil spill.

Update: It's 11:25 and someone just signaled that Obama would be up in 2 minutes. He's about an hour late this morning.

The economy grew at 3.2% in the first quarter. Obama will speak at 10:35 am eastern on that number.
The only other scheduled event for Obama today is a visit to James J. Rowley Training Center in Beltsville, Maryland at 12:45 pm. The center trains Secret Service. Tomorrow, Obama gives the commencement at the University of Michigan.
This is a live stream of Obama's GDP remarks: