Obama: Stimulus Saved Economy

Few people on Capitol Hill are lining up to applaud President Obama’s work these days, so the president is doing it himself: On Wednesday, Obama applauded the $787 billion stimulus bill that passed one year ago. "One year later, it is largely thanks to the Recovery Act that a second Depression is no longer a possibility," he said. He said it preserved up to 2 million jobs, a number with which economic research firms agree.