Speaking in Toledo, Obama addressed the economy today, proposing some new economic measures. The speech can be read here. Here's the AP write-up:

Democrat Barack Obama proposed more immediate steps Monday to heal the nation's ailing economy including a 90-day moratorium on home foreclosures at some banks and a two-year tax break for businesses that create new jobs.

With the economic turmoil weighing down his Republican presidential rival, Obama also proposed allowing people to withdraw up to $10,000 from their retirement accounts without any penalty this year and next.

The Democratic presidential candidate said his proposals, with a price tag of $60 billion over two years, can be enacted quickly, either through the government's regulatory powers or legislation that Congress could pass in a special session after the election.

"I'm proposing a number of steps that we should take immediately to stabilize our financial system, provide relief to families and communities and help struggling homeowners," Obama told a crowd of 3,000. "It's a plan that begins with one word that's on everyone's mind, and it's spelled J-O-B-S."

On a conference call with reporters, former Rep. Rob Portman criticized the new proposals:

Americans were hoping today that Sen. Obama would tell us that he had decided the economy was bad and that he would not move forward with his tax increases... Instead what we heard were a lot of new promises and new spending adding to the $760 billion in new spending he's promised in the campaign ...We're not going to get back on track with more spending; in fact it's going to make the situation worse.