President Barack Obama signed his American Recovery and Reinvestment Act today in Denver, Colorado. You can click here to read the full bill. According to the plan's new website, which was launched today, this Act will create and save three to four million jobs. I will also provide more than $150 billion to low-income families.

The Act will also:

    - Create or save more than 3.5 million jobs over the next two years;

    - Take a big step toward computerizing Americans’ health records,
      reducing medical errors, and saving billions in health care costs;

    - Revive the renewable energy industry and provide the capital over
      the next three years to eventually double domestic renewable energy
      capacity;

    - Undertake the largest weatherization program in history by
      modernizing 75 percent of federal building space and more than one
      million homes;

    - Increase college affordability for seven million students by funding
      the shortfall in Pell Grants, increasing the maximum award level by
      $500, and providing a new higher education tax cut to nearly four
      million students;

    - As part of the $150 billion investment in new infrastructure, enact the
      largest increase in funding of our nation’s roads, bridges, and mass
      transit systems since the creation of the national highway system in
      the 1950s;

    - Provide an $800 Making Work Pay tax credit for 129 million working
      households, and cut taxes for the families of millions of children
      through an expansion of the Child Tax Credit;

    - Require unprecedented levels of transparency, oversight, and
      accountability.

For more information on the American Recovery and Reinvestment Act, visit recovery.gov.

To read the remarks by the President and Vice President at the Signing of the American Recovery and Reinvestment Act, click here.

Related News Articles on the signing of the Bill -

    - Obama signs stimulus bill, readies homeowner plan - (Yahoo)
    - Stimulus: Now for the hard part - (CNN)
    - Obama: "The beginning of the end" - (Politico)

- J.H.

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