TODAY'S NEWS

Vice President Joe Biden, left, watches President Barack Obama sign the economic stimulus bill.
Vice President Joe Biden, left, watches President Barack Obama sign the economic stimulus bill. (By David Zalubowski -- Associated Press)
  Enlarge Photo    
Discussion Policy
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Wednesday, February 18, 2009

Obama Signs Into Law Plan to Boost Economy

· President Barack Obama yesterday signed into law a plan meant to create jobs, encourage people to spend money and in general feel better about the economy.

The president went to Denver's Museum of Nature & Science to emphasize that his plan will help promote environment-friendly jobs. The $787 billion plan (that's $787,000,000,000!) will try to boost the nation's economy by spending money to build roads and bridges, encouraging energy conservation, helping people who have lost their jobs and preventing more people from losing theirs.

But no one, not even the president, expects all that money to turn the economy around quickly. More people are without jobs than at any time since the early 1990s, and economists say things probably won't improve this year.



© 2009 The Washington Post Company