3,000 miles of electric lines to transport alternative energy across the country . Obama also said the plan would save taxpayers $ 2 billion by making three-quarters of federal buildings more energy efficient and would `` save the average working family $ 350 on their energy bills by weatherizing 2.5 million homes . '' The White House also released a report on the American Recovery and Reinvestment Plan , which calls for greater investment in Pell Grants for college students , a $ 2,500 college tax credit for 4 million college students and the tripling of the number of fellowships in science to help spur innovation . Obama promised full accountability for government spending . After a stimulus bill is passed , a Web site , www.recovery.gov , will show taxpayers how their money is being spent , he said . In the Republicans ' response , Rep. Cathy McMorris Rodgers criticized the Democratic plan . Watch the GOP radio address `` The $ 800 billion plan largely ignores the fact that we can not keep borrowing and spending our way back to prosperity , '' said McMorris Rodgers , R-Washington . `` Instead of letting American families keep more
WASHINGTON -LRB- CNN -RRB- -- President Barack Obama painted a bleak economic picture of the country Saturday , hours before he met with his economic team . President Obama delivers his weekly radio and Internet address , which focused on the economy . `` We begin this year and this administration in the midst of an unprecedented crisis that calls for unprecedented action , '' he said in his weekly radio and Internet address . `` Just this week , we saw more people file for unemployment than at any time in the last 26 years , and experts agree that if nothing is done , the unemployment rate could reach double digits , '' Obama said . The president pleaded for urgent action , saying , `` If we do not act boldly and swiftly , a bad situation could become dramatically worse . '' Watch Obama 's weekly address '' Obama 's remarks came as he is lobbying for quick congressional passage of an $ 825 billion stimulus package to pump up the economy . Watch the partisan politics involved '' The president revealed more details of his stimulus package , which he said would add more than