Obama to Sign $787 Billion Dollar Stimulus Plan

- By Bossip Staff Categories: Bolitics, For Discussion, News

Posted by Bossip Staff


President Obama is set Tuesday to sign the $787 Billion Dollar plan:

WASHINGTON – Savoring his first big victory in Congress, President Barack Obama on Saturday celebrated the newly passed $787 billion economic stimulus bill as a “major milestone on our road to recovery.” Speaking in his weekly radio and Internet address, Obama said, “I will sign this legislation into law shortly, and we’ll begin making the immediate investments necessary to put people back to work doing the work America needs done.” At the same time, he cautioned, “This historic step won’t be the end of what we do to turn our economy around, but rather the beginning….… The problems that led us into this crisis are deep and widespread, and our response must be equal to the task.” The bill passed Congress on Friday on party-line votes, allowing Democratic leaders to deliver on their promise of clearing the legislation by mid-February. Obama could sign the measure as early as Monday. “It will take time, and it will take effort, but working together, we will turn this crisis into opportunity and emerge from our painful present into a brighter future,” the president said. Obama “now has a bill to sign that will create millions of good-paying jobs and help families and businesses stay afloat financially,” said Sen. Max Baucus, a Montana Democrat who was a leading architect of the measure. “It will shore up our schools and roads and bridges, and infuse cash into new sectors like green energy and technology that will sustain our economy for the long term,” he added in a statement. Hours earlier, Senate Republican Leader Mitch McConnell offered a different prediction for a bill he said was loaded with wasteful spending. “A stimulus bill that was supposed to be timely, targeted and temporary is none of the above,” he said in remarks on the Senate floor. “And this means Congress is about to approve a stimulus that’s unlikely to have much stimulative effect.” Alaska Sen. Lisa Murkowski, in the GOP radio address Saturday, contended Democrats settled “on a random dollar amount in the neighborhood of $1 trillion and then set out to fill the bucket.”

Obama has a long road ahead to right all the wrongs Bush did. Discuss…



  • whatever

    Education is important but If I’m not mistaken its getting less then 1%

  • Marquis de Sade (The New Sensitive Black Male)

    Stimulus Package my ass. This is just one big spendin’ package that will not result in creating any viable jobs and in the long term will just cause major inflation…Get ready for another Stimulus Package, Part 3 – WE’RE DOOMED!

  • Aaron Burr

    O-one B-big A-ass M-mistake A-america

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  • nubn

    sign on then

  • Angee

    This certainly is not the answer to everything. This is basically a ripped band-aid!

  • Tony Redds

    Thank you Mr President for putting the citizens of this country forever in debt=slavery

  • Sydney

    He’s so presidential, and I stand behind him 100%.

  • az kid

    the package is a big mistake…americas problem as a whole and as individuals is we spend money we dont have on credit…lets just put another 800 billion on CREDIT…STUPID

  • D-Fish

    despite what most people fear about this stiumulus bill it is a good thing. spending is a good thing for the economy, that is what a stimulus bill is. taking the money and putting it back into american goods (not foreign made items) will bump the economy and some people are on the brink of buying an item they cant quite afford. with this money that person can buy that item. real life Example: one of the people near me is about to try to buy a $10,000 solar system for his house but doesnt have quite enough money to be sure that he can buy it. that money that he gets from the stimulus bill will then give him that ammount and the money that he got from the government will be paid back at least ten fold when he buys the solar network.

  • Film

    If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation’s credit.

    -Sir Josiah Stamp.

    And, that’s NOT the real Sydney at 12:20 pm.

  • Sydney

    Thanks, Film, lol.

    Let me know if my new gravie shows up.

  • Cameron

    It’s stimulus not stimulas, Bossip.

  • Sydney


    Nice selection of quotes, by the way.

  • jonathan

    you spelled stimulAs wrong. its stimulus.

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