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Friday February 20, 07:11 PM
STOCKS NEWS US-Obama promises strict oversight of stimulus

Stocks on the move Real (Frankfurt: A0N4R2 - news) -Time Equity news

U.S. stock market report

1353 ET 20Feb2009-Obama
promises strict oversight of stimulus ------------------------------------------------------------------------------

U.S. President Barack Obama on Friday promised careful oversight of the recently-signed $787 billion economic stimulus package, saying he would call any instance of government waste to task.

'If a federal agency proposes a project that will waste that money, I will not hesitate to call them out on it, and put a stop to it,' he said.

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