President Obama signs massive stimulus package - WSFA.com Montgomery Alabama news.

President Obama signs massive stimulus package

DENVER (AP) - President Barack Obama has signed into law the most sweeping economic package in decades, a rescue plan designed to create millions of jobs and boost consumer spending.

It was a major political victory for Obama, who took office less than a month ago.

Obama said the government has begun the essential work of keeping the American dream alive in our time.

The $787 billion package aims to reverse the nation's economic free fall.

It pumps money into infrastructure projects, health care, renewable energy development and conservation.

There's a $400 tax break for most individual workers and $800 for couples.

It dishes out tens of billions of dollars to states.

Obama signed the bill at the Denver Museum of Nature & Science.

The setting was to underscore the new law's investments in "green" energy-related jobs.

The White House released state-specific details on the local impact of the American Recovery and Reinvestment Act.

Below are links to tables and fact sheets outlining the impact of the American Recovery and Reinvestment Act according to the White House.  The estimates are derived from an analysis of the overall employment impact of the American Recovery and Reinvestment Act conducted by Christina Romer, Chair of the Council of Economic Advisers, and Jared Bernstein, Chief Economist for the Vice President, and detailed estimates of the working age population, employment, and industrial composition of each state.

OVERVIEW ON AMERICAN RECOVERY AND REINVESTMENT ACT

IMPACT OF AMERICAN RECOVERY AND REINVESTMENT ACT ON WORKING FAMILIES

EMPLOYMENT NUMBERS BY STATE  

EMPLOYMENT NUMBERS BY CONGRESSIONAL DISTRICT

EDUCATION FACT SHEET

ENERGY FACT SHEET

HEALTH CARE FACT SHEET

INFRASTRUCTURE FACT SHEET

(Copyright 2009 by The Associated Press. All Rights Reserved.)

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