$2B in stimulus funds to help build solar plants

WASHINGTON - The government is handing out nearly $2 billion for new solar plants President Barack Obama says will create thousands of jobs and increase the use of renewable energy sources.

Obama announced the initiative in his weekly radio and online address yesterday, saying the money is part of his plan to bring new industries to the United States. "We're going to keep competing aggressively to make sure the jobs and industries of the future are taking root right here in America," Obama said.

The two companies that will receive the money from the president's $862 billion economic stimulus are Abengoa Solar, which will build one of the world's largest solar plants in Arizona, creating 1,600 construction jobs; and Colorado-based Abound Solar, which is building plants in Colorado and Indiana.

The Obama administration says those projects will create more than 2,000 construction jobs and 1,500 permanent jobs.

The announcement came a day after the Labor Department reported employers slashed payrolls last month, driven by the expected end of 225,000 temporary census jobs. Meanwhile, private-sector hiring rose by 83,000 workers.

Obama said while it may take years to bring back all the jobs lost during the recession, the economy is moving in a positive direction. He placed some of the blame for the slow pace of recovery on Republicans, saying GOP lawmakers, "are playing the same old Washington games and using their power to hold this relief hostage." Obama has said that to bring the nation's economy back from the brink of a depression, it is necessary to add to the country's debt in the short term.

Republicans have tried to capitalize on that growing sum. Georgia Sen. Saxby Chambliss said in the Republican's weekly address the country's $13 trillion debt is a national security issue that will leave the United States vulnerable.