9:15AM The President and the Vice President receive the Presidential Daily Briefing
9:45AM The President departs The White House en route Andrews Air Force Base
10:00AM The President departs Andrews Air Force Base en route Savannah, GA
11:35AM The President arrives in Savannah, Georgia
11:55AM The President tours Savannah Technical College
12:30PM The President delivers remarks on jobs and the economy [foxlivestream]
President Obama will showcase his HOMESTAR program (aka Cash for Caulkers) which is designed to help create jobs by encouraging homeowners to make energy efficiency improvements to their homes. The White House cites unemployment numbers in construction jobs at nearly 25% and says the HOMESTAR program is geared towards helping middle class families save hundreds of dollars a year in energy costs. White House officials say so much energy is wasted because homes built in the first half of last century use 50% more energy than homes built today. Officials say energy upgrades such as new windows, insulation, doors, roofs and modernizing heating and cooling equipment would be "one of the fastest, easiest and cheapest things to do by putting people to work."
White House officials are marketing this like the Cash for Clunkers program, making consumers directly elligible for rebates at the point of sale from a variety of vendors who would be reimbursed by the federal government. The rebates are two-tiered: the Silver Star level offers $1000-$1500 in rebates for improvements such as insulation, duct ceiling, windows, roofing, doors and upgrades to heating and cooling systems. The Gold Star level is for consumers who are planning more comprehensive energy retrofits and include an upfront home energy audit to achieve a 20% energy savings in their homes. Consumers at that level can receive $3000 and potentially additional rebates for energy savings in excess of 20%. White House officials believe that even in the current economic environment, middle class consumers will take advantage of this program and it will add jobs especially for manufacturing companies. Officials anticipate 2-3 million households will participate in the program.
Savannah Technical College trains individuals to install energy efficient hvac systems, solar panels and insulation.
1:20PM The President tours a local manufacturing facility
2:50PM The President tours a local small business
3:40PM The President departs Savannah, Georgia en route Andrews Air Force Base
5:00PM The President arrives at Andrews Air Force Base
5:15PM The President arrives at The White House