Tuesday, February 17, 2009

President Obama signs economic recovery legislation into law

And he did it not in D.C., but in Denver where he accepted the Democratic presidential nomination back in August (he's also hitting other Western states to underscore parts of the package). It's an understatement to say this is a significant victory for a president just one month into his tenure:
The size of the new law and its speed moving through Congress -- it was approved within weeks of Obama’s inauguration -- place it among the most significant legislative accomplishments since President Franklin Roosevelt overhauled the U.S. government in his first 100 days, historians and political analysts say.

“We have plenty of big, complicated pieces of legislation that come down the pike, but this bill is unprecedented,” said Stuart Rothenberg, an independent political analyst in Washington.
The Obama administration has also launched a new website where Americans can track the progress of the American Recovery and Reinvestment Act.

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