Obama headed to Denver to promote stimulus
DENVER, Colorado “-After hitting four states in four days, President Barack Obama is going back on the road next week to convince Americans his economic stimulus plan will get the job done.
The president is planning stops in Denver, Colorado and Phoenix on Tuesday and Wednesday. That comes on top of a whirlwind of travel this week: Obama was scheduled to be in Peoria, Ill., Thursday afternoon after visiting Indiana, Florida and Virginia earlier.
With next week’s travel, Obama aims to continue promoting his $790 billion plan to create jobs and pump up consumer activity through spending programs and tax relief. A compromise has been reached on a package among White House and congressional negotiators, and final votes in the House and Senate were expected Friday. Once passed, it would go to Obama for his signature.
Obama also is expected to talk about his administration’s separate plan, announced this week, for using the rest of the $700 billion financial rescue package that Congress approved last year.
Obama has said he plans to make the announcement himself of how he intends to help people in danger of losing their homes to foreclosure. That announcement could come during his travels, or wait until he is back at the White House.
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Another decision still being made by the White House: where, when and how Obama would sign the stimulus bill into law. Obama aides want to make a splash with the event, either by making it as high-profile as possible at the White House, or staging a ceremony on the road.