Kerry calls for new stimulus package, moratorium on foreclosures
US Sen. John Kerry is calling for a new economic stimulus package, an immediate moratorium on home foreclosures and investments in renewable energy and life sciences to jump-start the ailing economy.
Amid growing worries about a worsening of the US economy, Democratic presidential candidate Barack Obama proposed a $US75 billion economic stimulus plan on Sunday that includes worker tax credits, a one-time pension supplement and help to homeowners facing foreclosure.