Obama to sign stimulus bill on Tuesday
Barack Obama to sign $787 billion economic stimulus bill into law on Tuesday
Also In The News
|
Defending Six Nations champions Wales edged a pulsating encounter against England 23-15 at the Millennium Stadium, although Martin Johnson's men will take heart after putting in a hugely encouraging performance. |  |
Sunday, 15, Feb 2009 11:19
Barack Obama will sign his $787 billion (£546 billion) economic stimulus bill into law on Tuesday, with a Democrat pledge to clear the legislation before February is set to be upheld.
Both houses of Congress passed the bill late on Friday, with Mr Obama hailing senators and congressmen – who voted on party lines – as helping the United States take an "historic step".
On Sunday the White House said the president intended to sign the bill into law at the first available opportunity on Tuesday as he travelled through Denver, Colorado.
"I will sign this legislation into law shortly, and we'll begin making the immediate investments necessary to put people back to work," Mr Obama said during his weekly address on Saturday.
The president added that he hoped the bill – passed 60-38 in the Senate and 246-183 in the House of Representatives – would "turn crisis into opportunity" and help the US out of its recession.