This week President Obama’s Stimulus Plan was passed by the House of Representatives. Since being sworn into office Obama has been working hard to promote the bill in hopes the Republican reps would support him. The plan passed at 244-188, not a single Republican supported the plan and 12 Democrats voted against it. Those opposing the plan felt it was lacking necessary tax cuts and involved too much spending. Those Democrats who did vote for the plan support the President and believe the spending within the plan is necessary to save the nation’s struggling economy.
Chip Reid, CBS News chief White House correspondent reported that President Obama expressed disappointment that both parties were not in support of the bill, but that he still felt that this was the appropriate plan of action for the nation’s economy. The plan still must run through the Senate for final approval. Much of the plan is geared to help those who have been hit hardest by the changes in the economy. A new website www.recovery.gov will be provided by the government so that Americans can actually follow the spending of the money in the Stimulus Plan.
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It’ll be interesting to see how transparent info on the spending will be.