Obama Signs Stimulus Bill; State Layoffs Begin - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Obama Signs Stimulus Bill; State Layoffs Begin

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President Barack Obama has signed into law on Tuesday his hard-fought stimulus plan, hoping the measure will put a floor under the collapsing U.S. economy. Meanwhile a failure by California legislators to break a budget stalemate may force as many as 20,000 layoffs.

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