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Content about Presidency of Barack Obama

February 18, 2009
Obama Signs $787 Billion Stimulus Bill

WASHINGTON — President Barack Obama signed the $787 billion stimulus bill in Denver yesterday. The legislation, which combines $281 billion in tax cuts for individuals and businesses with more than a half-trillion dollars in government spending, is meant to reinvigorate job creation, consumer spending and public optimism.

February 11, 2009
$838 Billion Stimulus Bill Narrowly Survives Senate Test Vote

WASHINGTON — An $838 billion economic stimulus bill backed by the White House narrowly advanced in the Senate Monday over strong Republican opposition. The vote was 61-36, one more than the 60 needed to move forward. Democratic leaders promise to deliver the emergency legislation to President Barack Obama for his signature in a few days, after the House negotiates a final compromise on the bill.