Tag: economic stimulus

From the governor's office, here are the remarks as prepared for delivery by Gov. Bill Ritter, who introduced Vice President Joe Biden before President Barack Obama took the stage Tuesday afternoon at the Denver Museum of Nature and Science:

Democratic and independent voters are getting behind the national stimulus package in increasing numbers, according to new polls -- and they're not the only ones. The New York Times reports today that Republican governors have refused to adopt the dead-ender approach taken by their congressional colleagues and have embraced the package from statehouses across the nation. Why the quiet schism?

11:00 a.m. - Once again, Denver is the center of the political universe for a day. In roughly a half hour, Air Force One is scheduled to touch down at Buckley Air Force Base to deliver President Barack Obama to Colorado. Obama will be revisiting the city where he accepted the Democratic nomination for president in August to sign the landmark $787 billion economic stimulus package, the first in a series of administration efforts to fix an economy stuck in the worst recession since World War II.

President Barack Obama is expected to land at Buckley Air Force Base in Aurora momentarily and will make his way to the Denver Museum of Nature and Science to formally enact the $787 billion stimulus package.

With all the hoopla surrounding President Barack Obama's visit to Denver today, we're still left with the paltry-by-stimulus-bill-standards $64,000 question: what will the $787 billion cash infusion actually do?

Will President Barack Obama rewrite the history books on how the West was won? The Colorado Independent talks to University of Denver finance professor Mac Clouse and political science professor Susan Sterret on the city's prominent role in the Democrats' resurgence and what that newfound power portends for the region's economic future.

Rep. Diana DeGette's arduous eight year battle to repeal President George W. Bush's 2001 executive order to restrict federal funding on embryonic stem cell research may be resolved with a similar flick of the presidential pen, says a top aide to Barack Obama.

President Barack Obama plans to sign the $787 billion economic stimulus package, passed Friday by the House and Senate, during a visit to Denver on Tuesday, CNN first reported. Obama wants to get out of the nation's capital and sign the bill “out west in an area hit hard economically, away from the politics of Washington," a senior administration official told CNN. Another official told CNN Denver was picked for the historic signing because it is “a place that will see the benefits of the bill in hiring workers.”

Now, we're finally getting somewhere. Beyond the boorish political posturing and ideologically-driven amendments, there are some encouraging elements in the American Recovery and Reinvestment Act to help alleviate the effects of the recession.

State Sen. Dan Gibbs (D-Dillon) took his controversial transportation-funding bill on the road over the weekend, trying to get out in front a fickle public largely unwilling to increase taxes for road and bridge fixes in recent years.