Gates: Feds Must Step Forward With Spending Package

Microsoft founder Bill Gates said Wednesday that the only way the U.S. could emerge from its economic downturn is through a federal spending package, encouraging the incoming Obama administration to invest in education and scientific research.

"Spending is the only way we'll ever come out of this downturn, and with businesses, state governments and consumers pulling back, the federal government must step forward," Gates said during a speech at George Washington University Wednesday.

"The key point I