'Obama is pushing US economy downhill'

12 Mar, 2009 14:36 / Updated 15 years ago

Obama's policy is pushing the US economy downhill, says vice president of the conservative Business & Media Institute Dan Gainor.

U.S. President Barack Obama signed his first government spending bill, worth $410 billion, to fund most government operations through to September 30.

The bill is filled with pet projects, so called ‘earmarks’, a practice Obama had promised to get rid of. The President himself called the document 'imperfect', but necessary.