After Signing $787 Billion Recovery Package into Law, Obama Doesn't Rule Out A Second Stimulus Package

Visit msnbc.com for Breaking News, World News, and News about the Economy

Visit msnbc.com for Breaking News, World News, and News about the Economy

After the signing ceremony for the $787 billion economic recovery package into law in the Denver Museum of Nature and Science was completed. Obama administration press secretary, Robert Gibbs told the assembled press that a second economic stimulus bill would “set our economy on a firmer foundation.” And the president would not commit to acknowledging “that today marks the end of our economic problems.” Obama continued: “Nor does it constitute all of what we have to do to turn our economy around,... But today does mark the beginning of the end, the beginning of what we need to do to create jobs for Americans scrambling in the way of layoffs.”

Earlier at the signing ceremony, Obama remarked: “Nor does it constitute all of what we have to do to turn our economy around,... But today does mark the beginning of the end, the beginning of what we need to do to create jobs for Americans scrambling in the way of layoffs.”

Speaking to reporters as the president flew to Denver, Gibbs said; “I think the president is going to do what’s necessary to grow this economy.” Adding that “there are no particular plans at this point for a second stimulus package,” he added, “I wouldn’t foreclose it.”