Obama says stimulus bill saved troubled economy - Spokane, North Idaho News & Weather KHQ.com

Obama says stimulus bill saved troubled economy

  • Also on KHQ.comMore>>

  • Fed: Unemployment will stay high over next 2 years

    Fed: Unemployment will stay high over next 2 years

    President Barack Obama talks with Federal Reserve Chief, Ben BernankePresident Barack Obama talks with Federal Reserve Chief, Ben Bernanke
    WASHINGTON. - The Federal Reserve predicts unemployment will stay high over the next two years because recession-scarred Americans are likely to stay cautious making for only a moderate-paced economic recovery.>>
    WASHINGTON. - The Federal Reserve predicts unemployment will stay high over the next two years because recession-scarred Americans are likely to stay cautious making for only a moderate-paced economic recovery.>>
  • No unemployment impact from road and bridge spending

    No unemployment impact from road and bridge spending

    WASHINGTON. - An Associated Press analysis finds that spending on roads and bridges under the stimulus plan has had no effect on local unemployment and the boost to the construction industry has been minimal.>>
    WASHINGTON. - An Associated Press analysis finds that spending on roads and bridges under the stimulus plan has had no effect on local unemployment and the boost to the construction industry has been minimal.>>

















(President Obama signed the American Recovery and
Reinvestment Act into law in Denver Colorado, Feb. 17 2009)


WASHINGTON. - President Barack Obama says the emergency legislation he signed a year ago to help the struggling economy has saved at least 2 million jobs and avoided a deeper recession.
     
Speaking on the first anniversary of the American Recovery and Investment Act, Obama said that embracing the $787 billion measure"wasn't a politically easy decision," but said he had no choice.
     
He conceded that too many people still are in need of work and many more are struggling to pay bills. But Obama also chided critics.

He said that many of the same lawmakers who assailed the stimulus bill "showed up at ribbon-cutting ceremonies in their districts."

Obama also acknowledged that current economic conditions don't "feel much like a recovery" to those who are still hurting.

Salazar in Seattle to tout stimulus projects

Interior Secretary Ken Salazar traveled to Seattle Wednesday for a news conference with Gov. Chris Gregoire about Recovery Act projects in Washington.
     
A statement from the White House said more than $6.3 billion in recovery funds has been made available in Washington and more than $3.4 billion has been spent. The Council of Economic Advisers estimates 45,000 jobs were created or saved in 2009 in the state by the act.
     
Investments include $755 million on 262 transportation projects and $606 million in small business loans.
     
Republican Rep. Dave Reichert, whose district includes Mercer Island and Bellevue, called the Recovery Act a failure that put too much money into the hands of bureaucrats instead of taxpayers.


Washington state is administering the American Recovery and Reinvestment Act investments with an unprecedented level of transparency and accountability. Governor Gregoire created a new Web site, www.recovery.wa.gov, so every Washingtonian can see where tax dollars are going and hold government accountable for the results. Visit the main American Recovery and Reinvestment Act here: http://www.recovery.gov/.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • Man arrested in North Spokane for assaulting ex-girlfriend

    Man arrested in North Spokane for assaulting ex-girlfriend

    Friday, September 22 2017 2:17 PM EDT2017-09-22 18:17:27 GMT
    Man arrested in North Spokane for assaulting ex-girlfriendMan arrested in North Spokane for assaulting ex-girlfriend

    SPOKANE, Wash. - On September 21st, just before 5:30 pm Officers responded to a home in the area of Mansfield and Ash. A woman told police that her ex-boyfriend, 22-year-old Brandon Vanlanham, was assaulting her. The woman stated she had a restraining order against Vanlanham, which Police confirmed. When officers arrived to the home, they discovered that Vanlanham had fled the scene.  About two hours later the woman called 

    >>

    SPOKANE, Wash. - On September 21st, just before 5:30 pm Officers responded to a home in the area of Mansfield and Ash. A woman told police that her ex-boyfriend, 22-year-old Brandon Vanlanham, was assaulting her. The woman stated she had a restraining order against Vanlanham, which Police confirmed. When officers arrived to the home, they discovered that Vanlanham had fled the scene.  About two hours later the woman called 

    >>
  • Argument between friends outside Buffalo Wild Wings ends in shooting

    Argument between friends outside Buffalo Wild Wings ends in shooting

    Thursday, September 21 2017 5:20 PM EDT2017-09-21 21:20:42 GMT

    SPOKANE VALLEY, Wash. - Detectives arrested a 42-year-old man for two counts of 1st Degree Assault Wednesday night after an argument turned violent. The Spokane Valley Police Department says Chad Dobson asked a friend to meet at Buffalo Wild Wings Wednesday night to talk about the victim's treatment of his soon-to-be ex-wife. 

    >>

    SPOKANE VALLEY, Wash. - Detectives arrested a 42-year-old man for two counts of 1st Degree Assault Wednesday night after an argument turned violent. The Spokane Valley Police Department says Chad Dobson asked a friend to meet at Buffalo Wild Wings Wednesday night to talk about the victim's treatment of his soon-to-be ex-wife. 

    >>
  • Toddler dies after being hit by truck in church parking lot

    Toddler dies after being hit by truck in church parking lot

    Thursday, September 21 2017 8:21 PM EDT2017-09-22 00:21:04 GMT

    PARKLAND, Wash. (AP) - An 18-month-old girl has died after she was struck by a truck in the parking lot of a church in Parkland. The Pierce County Sheriff's Department says the girl was taken to a hospital late Tuesday where she died of her injuries. The department says a 35-year-old female driver had been parked in front of the Lamb of God Christian Community Church Tuesday night. After talking to a relative, the woman pulled her truck 

    >>

    PARKLAND, Wash. (AP) - An 18-month-old girl has died after she was struck by a truck in the parking lot of a church in Parkland. The Pierce County Sheriff's Department says the girl was taken to a hospital late Tuesday where she died of her injuries. The department says a 35-year-old female driver had been parked in front of the Lamb of God Christian Community Church Tuesday night. After talking to a relative, the woman pulled her truck 

    >>
HD DOPPLER 6i
/