Obama readies road map for new bailout spending (AP)

In this Wednesday, Jan. 28, 2009, file photo, President Barack Obama shakes hands with audience members as JetBlue Chief Executive Officer David Barger, right, looks on after the president spoke about the economy, in the East Room Room of the White House in Washington. Obama says his administration will outline a new strategy in the coming days for spending billions of federal dollars to pull the nation out of an economic crisis he describes as 'devastating.' (AP Photo/Charles Dharapak, File)AP – President Barack Obama on Saturday promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives as he readies a new road map for spending billions from the second installment of the financial rescue plan.


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