Yesterday, President Barack Obama signed a law that is being dubbed as the biggest economic rescue plan since FDR's New Deal. The 1,000 page bill involves the distribution of $787 billion to supposedly boost the American economy.
The President was able to get this colossal economic bill passed after only being in office for less than a month. We will see if this is a case of haste making waste.
President Obama will reportedly map out his housing plan to halt mass foreclosures later today.