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'Anything possible,' Obama tells joyous crowd
(Agencies)
Updated: 2009-01-19 08:10

"Three million, 4 million jobs is going to make a very big difference," said Lawrence Summers, a top economic adviser to the incoming president, referring to the goal Obama has set. "It all depends on psychology, but we are going to be leaning forward throughout this administration. The president's made it clear that our errors are not going to be of standing back."

A woman wipes her eye during the "We Are One: Opening Inaugural Celebration" honoring US President-elect Barack Obama at the Lincoln Memorial in Washington January 18, 2009. [Agencies]

The Democratic-controlled Congress has already made a quick start on the president's recovery program, clearing the way for use of the second $350 billion for the financial industry bailout created last fall, and launching an $825 billion stimulus measure. Democratic leaders have pledged to have the legislation ready for Obama's signature by mid-February.

House Speaker Nancy Pelosi, D-Calif., also endorsed Obama's call for a summit meeting to begin controlling spending on huge government benefit programs such as Social Security, Medicare and Medicaid. She said even benefit cuts should be included as an option for discussion. "You put everything on the table. The only thing we didn't want to put on the table is eliminating" the programs, she added.

The Senate appears ready to confirm several of Obama's Cabinet appointees as soon as he signs the formal nomination paperwork on Tuesday, although not everything has been smooth for Obama and his transition team.

Treasury Secretary-designate Timothy Geithner's confirmation has been delayed for at least a few days because of his disclosure that he had failed to pay some federal taxes earlier in the decade. Bill Richardson withdrew as Obama's commerce secretary choice because of a grand jury investigation in New Mexico, where he is governor, and Obama himself was tripped up by controversy surrounding the appointment of his successor in the Senate.

Sen. Roland Burris, D-Ill., was sworn in Thursday -- and swiftly voted with Obama to release the bailout funds. The president-elect and Senate Democrats had initially balked at allowing him to take the seat, saying his appointment was tainted because Gov. Rod Blagojevich faces criminal charges that he sought something in return for appointing Obama's successor.

Incoming White House chief of staff Rahm Emanuel said in a televised interview that in his conversations with the governor, Blagojevich did not seek anything improper.

Pelosi and Gibbs appeared on Fox; Summers on CBS; Axelrod on ABC and Emanuel on NBC.