Obama: Stimulus Is on Track
President Barack Obama on Friday said Congress appears to be on target to complete consideration of an economic recovery package by his Presidents Day deadline.
Obama, who spoke at the White House at the opening of a meeting with the bipartisan, bicameral Congressional leadership, commended lawmakers for working diligently on the legislation, which was originally supposed to be completed by his inauguration. Obama also thanked the Senate for moving expeditiously on his nominations, which are still not finished.
Obama asserted that the recovery package is but one leg of an at least three-legged stool that will be needed to support the economy. He pledged to address Congressional concerns about the Treasury Departments management of the TARP money, which many believe has been spent in questionable ways and without transparency.