Obama Signs Economic Stimulus Package | Cash Advances On the Way

Cash Advances headed to states, people

Denver Museum of Nature and Science

President Barack Obama has signed the $787 billion economic stimulus package, and cash advances should start flowing into state budgets soon.

Obama signed the bill today in Denver at the Museum of Nature and Science. The bill will give tax breaks to individuals and businesses and send cash advances to states to fill budget gaps.

Why Denver?

Colorado Governor Bill Ritter said it was an honor for the president to sign the bill in his state. He also indicated that Denver’s Museum of Nature and Science was an ideal place to highlight what he calls the “New Energy Economy.”

Obama’s visit acknowledged “what we have accomplished and what we must continue achieving when it comes to creating jobs in the New Energy Economy. With President Obama coming here to highlight the New Energy Economy, we believe more than ever that Colorado can serve as a model for the rest of the country.

Words from the vice president

Before the president signed the bill that will send cash advances to several programs and projects, Vice President Joe Biden spoke. He drew focus to the portions of the bill that will create jobs for Americans.

“You don’t need to be an economist to know that jobs are the engine of this economy. We’re not going to just help the economy start to recover. We’re going to build the economy of the future,” Biden said. ... click here to read the rest of the article titled "Obama Signs Economic Stimulus Package | Cash Advances On the Way"