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Obama Hails Stimulus Passage as ‘Major Milestone’

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Michael D. Shear
Washington Post
Saturday, Feb 14, 2009

CHICAGO — President Obama today called congressional passage of his stimulus plan “a major milestone” in efforts to turn around the nation’s economy, and he said he would soon sign the massive legislation into law.

The comments, in his weekly Internet and radio address, came just hours after a late-night vote in the Senate gave final approval to the $787 billion spending and tax cut plan.

In the address, Obama said the plan would “ignite spending” in the country, and he praised the members of Congress — almost exclusively Democrats — who “came together in common purpose to make it happen.”

He also promised skeptical listeners that the government’s poor track record of wasting money would not be repeated this time.

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Obama Hails Stimulus Passage as Major Milestone 161008pptv1

“Our goal must be to spend these precious dollars with unprecedented accountability, responsibility, and transparency,” he said.

  • A d v e r t i s e m e n t

“Once the plan is put into action, a new Web site — recovery.gov — will allow any American to watch where the money goes and weigh in with comments and questions. And I encourage every American to do so,” he said. “Ultimately, this is your money, and you deserve to know where it’s going and how it’s spent.”

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