"President Barack Obama's Stimulus Package "

In Washigton D.C., president Barack Obama's $787 billion stimulus bill pased. He signed the stimulus package into law tuesday. The one-month aneversary of his presidency provides a range of $800 a year tax cuts for middle class families. President Obama unveiled a $50 billion plan, aimed at the home foreclosures stricking America. It is expected for the plan to use government subsides to help lower the interests for homeowners. Further more, school teachers who may now continue their critical mission rather face layoffs under a proposed $700 billion cut.