Changes

It was supported by Democrats and by the [[Obama Administration]].

It was supported by Democrats and by the [[Obama Administration]].

The bill passed the House and Senate with only three Republican senators voting for it and no Republican votes in the House and was signed by the president on February 17, 2009.  Since the passage of the "stimulus" bill, over 3 million American jobs have been lost, in spite of Obama's false promise that 4 million jobs would be created or "saved".<ref>[www.bls.gov]</ref>  In contrast, President Reagan's Economic Recovery Act of 1981 led to swift job creation, as opposed to a jobless recovery that was first seen in the 1990s after Bill Clinton's tax increase.<ref>http://www.heritage.org/research/labor/em917.cfm</ref><ref>http://www.frbsf.org/publications/economics/letter/2009/el2009-18.html</ref>  Because of the size of the stimulus bill, President Obama is now currently unable to fulfill his utopian promise of [[universal health care]].<ref>[http://www.examiner.com/x-2913-Boston-Republican-Examiner~y2009m7d28-How-the-stimulus-and-now-the-Gates-affair-have-damaged-Obamas-credibility]</ref>

The bill passed the House and Senate with only three Republican senators voting for it and no Republican votes in the House and was signed by the president on February 17, 2009.  Since the passage of the "stimulus" bill, over 4 million American jobs have been lost, in spite of Obama's false promise that 4 million jobs would be created or "saved".<ref>[www.bls.gov]</ref>  In contrast, President Reagan's Economic Recovery Act of 1981 led to swift job creation, as opposed to a jobless recovery that was first seen in the 1990s after Bill Clinton's tax increase.<ref>http://www.heritage.org/research/labor/em917.cfm</ref><ref>http://www.frbsf.org/publications/economics/letter/2009/el2009-18.html</ref>  Because of the size of the stimulus bill, President Obama is now currently unable to fulfill his utopian promise of [[universal health care]].<ref>[http://www.examiner.com/x-2913-Boston-Republican-Examiner~y2009m7d28-How-the-stimulus-and-now-the-Gates-affair-have-damaged-Obamas-credibility]</ref>

At $789 billion it is one of the most expensive proposals in world history. The Republican counterproposal was similar in scope but totaled only $500 billion.   

At $789 billion it is one of the most expensive proposals in world history. The Republican counterproposal was similar in scope but totaled only $500 billion.