US House passes Obama’s economic stimulus plan

August 26th, 2009 Obamas visit top adviser's home on vacationOAK BLUFFS, Mass. — President Barack Obama and first lady Michelle Obama are spending the evening at White House senior adviser Valerie Jarrett's house around dinnertime.

July 10th, 2009 Geithner: Stimulus on 'expected path'WASHINGTON — Treasury Secretary Timothy Geithner says the administration's plan to stimulate the economy by spending billions on construction and other local projects is on the "expected path." Geithner defended the stimulus plan Friday after Florida Republican Rep. Bill Posey asked where the government's plan went wrong, because unemployment remains high.

July 8th, 2009 L'AQUILA, Italy — The White House says it's not quite time for industrialized nations to pull the plug on economic stimulus efforts. Economic adviser Mike Froman said Wednesday that world leaders gathered at a G-8 summit in Italy will seek a balance between continuing to stimulate sluggish economies and looking for exit strategies.

June 23rd, 2009 Obama: No new stimulus needed, but quicker resultsWASHINGTON — President Barack Obama says he is not ready to offer a second stimulus plan even though the economy continues to struggle. The president said Tuesday that more time is needed to assess the effectiveness of the $787 billion economic stimulus plan enacted early this year.

June 8th, 2009 Obama's Day: President, Cabinet meet on stimulusWASHINGTON — President Barack Obama, back in Washington from Europe and the Middle East, is turning his focus to domestic policy. He'll be meeting Monday with his Cabinet on implementing the economic Recovery Act.

June 8th, 2009 White House defends optimistic stimulus modelWASHINGTON — The White House is defending the overly optimistic economic models it used to justify the historic stimulus plan. Four months after the stimulus was passed, unemployment is far higher than expected and continuing to rise.

May 17th, 2009 NEW DELHI - Main points of the prime minister's 100-day action plan: - Fresh stimulus to economy, put it on 9-10 percent growth trajectory - Tackle job losses especially in textile and diamond sectors - Emphasis on welfare policies in social sector - Prepare blueprint to carry out Congress party's manifesto promises - Modernise both security and intelligence mechanisms.

March 31st, 2009 NEW YORK - The Obamas are using their own money to renovate the White House, forgoing the 100,000 dollars in federal funds that is traditionally allotted to new presidents for such renovation projects. First Lady Michelle Obama''''s communications director Camille Johnston said that the Obamas, who are worth millions, will pay to overhaul the White House residence from their own pockets.

February 13th, 2009 WASHINGTON - The US House of Representatives Friday approved the $787 billion stimulus package, an unprecedented attempt by the American government to aid the country's economy. The package was approved by a vote of 246- 83 but with no Republican support.

February 11th, 2009 WASHINGTON - US lawmakers reached a compromise deal Wednesday on a record economic recovery package, which could allow the plan to pass both houses of Congress before the end of the week. The Senate and House of Representatives ironed out differences in separate versions of the stimulus bill and knocked the total price tag down to $789 billion, including a mixture of tax cuts and government spending projects to pull the US out of its worst recession in decades.

February 9th, 2009 WASHINGTON - The US' economic recovery package overcame a decisive hurdle in the Senate, which voted to close debate on an $827-billion compromise bill that would be the largest in US history. The Senate Monday voted 61-36 to invoke cloture on the stimulus legislation, setting the stage for a final vote in the chamber Tuesday.

January 23rd, 2009 WASHINGTON - President Barack Obama is confident that efforts to pass a new $825 billion economic stimulus package by mid-February are 'on target,' despite Republican lawmakers' objections to some elements of the plan. Obama exuded optimism as he went into meeting at the White House Friday to discuss the stimulus proposal with Vice President Joe Biden and a bipartisan group of nine congressional leaders from both Democratic and Republican parties.

January 15th, 2009 WASHINGTON - Democrats in the US House of Representatives Thursday introduced an $825-billion economic stimulus plan that president-elect Barack Obama hopes will help revive the struggling economy. The bill would provide for $550 billion in job-creating investments over two years and $275 billion in tax relief, media reports said.

January 7th, 2009 WASHINGTON - US president-elect Barack Obama Thursday unveiled details of his economic stimulus plan aimed at lifting the US economy out of a deepening recession, and urged the Congress to approve the plan as soon as possible.

January 4th, 2009 WASHINGTON - US president-elect Barack Obama's plan to jump-start the US economy will include $300 billion in tax cuts, the New York Times reported Monday as Obama prepared to meet congressional leaders to discuss his plans. Obama will devote about 40 percent of his estimated $675-775 billion economic stimulus plan to tax cuts, in part to appeal to critics that say the package is too heavy on government spending, the NYT quoted advisers as saying.