Sunday, September 13, 2009

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Tuesday, February 17, 2009

Signed, sealed, delivered: ARRA is now law.

Tuesday, February 17th, 2009 at 4:25 pm
Signed, sealed, delivered: ARRA

The economic recovery package is essential for our nation's economy, for its infrastructure, and for our energy, health, and education needs -- and now it's the law.

After months of planning and weeks of negotiation, President Obama signed the American Recovery and Reinvestment Act today in Denver, CO.

"What I am signing is a balanced plan with a mix of tax cuts and investments. It is a plan that’s been put together without earmarks or the usual pork barrel spending. And it is a plan that will be implemented with an unprecedented level of transparency and accountability," President Obama said before signing the bill into law. "And we expect you, the American people, to hold us accountable for the results. That is why we have created Recovery.gov – so every American can go online and see how their money is being spent."

That site, Recovery.gov, is now live. You can go there to see projections -- based on language in the legislation -- of where your money will go, broken down state-by-state. And over the coming weeks and months, as the funds start to go out, you'll be able to see far more detailed information.

It's just the beginning of a long process, of course -- on Air Force One today, Press Secretary Robert Gibbs called it "a strong start towards economic viability."

"Our American story is not -- and has never been -- about things coming easy," the President said in his remarks at the Denver Museum of Nature and Science. "It’s about rising to the moment when the moment is hard, converting crisis into opportunity, and seeing to it that we emerge from whatever trials we face stronger than we were before."

On the Road: Secretary Clinton

Tuesday, February 17th, 2009 at 11:05 am
On the Road: Secretary Clinton
"I have become fond of saying that America is as much a transpacific power as it is a transatlantic one," Secretary of State Hillary Clinton wrote yesterday in her first blog post on Dipnote, the State Department blog, as she kicked off her first major overseas trip.

Secretary Clinton is in Tokyo today, the first stop on her weeklong tour of Asia, which also includes stops in Indonesia, the Republic of Korea, and China.

A few days before departing for her trip, Secretary Clinton visited the New York headquarters of the Asia Society, a non-profit organization that works to improve relations and understanding between the U.S. and Asian countries. She laid out the many common challenges we face and, in our interconnected world, the need to confront them cooperatively – including climate change, common military threats, and the global economic crisis:

"Our relationships with each of the countries I’m visiting, and with all of our partners and allies throughout Asia and the Pacific, are indispensable to our security and prosperity. When we consider the gravest global threats confronting us – financial instability and economic dislocation, terrorism and weapons of mass destruction, food security and health emergencies, climate change and energy vulnerability, stateless criminal cartels and human exploitation – it is clear that these threats do not stop at borders or oceans. Pandemics threaten school children in Jakarta and Jacksonville. Global financial crises shrink bank accounts in Sapporo and San Francisco. The dangers posed by nuclear proliferation create worries in Guangzhou as well as Washington. And climate change affects the livelihoods of farmers in China’s Hunan province and in America’s Midwest. These dangers affect us all, and therefore we all must play a role in addressing them.

"So I leave for Asia ready to deliver a message about America’s desire for more rigorous and persistent commitment and engagement, ready to work with leaders in Asia to resolve the economic crisis that threatens the Pacific as much as any other region, ready to strengthen our historic partnerships and alliances while developing deeper bonds with all nations, ready to help prevent the proliferation of nuclear weapons in Asia, ready to expand our combined efforts on 21st century challenges like climate change and clean energy, pandemics, and income inequality."

Time to sign the American Recovery and Reinvestment Act

Tuesday, February 17th, 2009 at 9:49 am
Time to sign it
The President is off to Denver this morning, where he'll sign the American Recovery and Reinvestment Act into law.

He'll sign the bill at the Denver Museum of Nature & Science alongside Vice President Biden, Gov. Bill Ritter, and Interior Secretary Ken Salazar (who until recently was Colorado Senator Ken Salazar), then take a tour of the museum's installation of solar panels.

The Denver Post and Rocky Mountain News both identified local clean energy companies who say they expect to benefit from the economic recovery package.

The Post:

Pete Austin of CaƱon City is poised to implement the stimulus bill's expanded subsidies for wind energy and business-equipment purchases. He said he will train and hire installers for solar panels and wind turbines and will finally lock up the loan he has been putting off for new trucks.

"I'd like to thank them from the bottom of my heart," said Austin, taking a break from installing a home-based solar array in Pueblo West. "I'm tickled to death that we're moving forward with legislation and policy that directs this country into energy that's diversified. We're very happy they have kept the promise."

The News:

Matthew Caryofilles, the owner of SALT Electric in Denver…Once the stimulus bill is signed, he predicts several projects that have been "percolating" will finally get under way. Work could begin on some of them by the end of March, he said.

"We can actually grow again," he said.

More on the signing later.

Monday, February 16, 2009

The story of the economic recovery package - February 16th 2009

Monday, February 16th, 2009 at 3:33 pm
The story of the economic recovery package (photos)
As President Obama says, the economic recovery package is just one of three "legs of the stool" -- a milestone, but an early one, the very beginning of the long process of fixing the economic crisis we inherited.

Tomorrow we'll mark the end of that beginning, as President Obama travels to Denver, CO to sign the American Recovery and Reinvestment Act that the House and Senate approved last Friday.

Over the past few weeks, the President spent some time with Americans across the country who are hurting because of this crisis. And the team has been working around the clock, meeting with House members, Senators, and governors -- Democratic and Republican alike -- to build and pass the recovery package.

Along the way, White House photographer Pete Souza, whose job it is to visually document everything the President does, has captured some pretty incredible behind-the-scenes images. It’s a glimpse of the President and of the White House that you don’t usually get to see.

Flip through the photo gallery below -- then take a look at the finished product and offer your thoughts.


PauseThe story of the economic recovery packageslideshow info Through the first few weeks of his administration, President Barack Obama worked tirelessly to win passage of the American Recovery and Reinvestment Act. Behind-the-scenes images tell the story.
Photo: White House photo 1/27/09 by Pete Souza

To view the photos you may wish to visit the Official site at

http://www.whitehouse.gov/blog/09/02/16/The-story-of-the-economic-recovery-package-photos/