First 100 days
Between Inauguration Day and April 29, 2009, the Obama Administration took to the field on many fronts. Obama coaxed Congress to expand health care insurance for children and provide legal protection for women seeking equal pay. A $787 billion stimulus bill was passed to promote short term economic growth. Housing and credit markets were put on life support, with a market based plan to buy U.S. banks toxic assets. Loans were made to the auto industry, and new regulations were proposed for Wall Street. He also cut taxes for working families, small businesses and first time home buyers. The president also loosened the ban on embryonic stem cell research and moved ahead with a $3.5 trillion budget plan.
Over his first 100 days in office, President Obama also undertook a complete overhaul of Americas foreign policy. He reached out to improve relations with Europe, China and Russia and to open dialogue with Iran, Venezuela and Cuba. He lobbied allies to support a global economic stimulus package. He committed an additional 21,000 troops to Afghanistan and set an August 2010 date for withdrawal of U.S. troops from Iraq. In more dramatic incidents, he took on pirates off the coast of Somalia and prepared the nation for a swine flu attack. For his efforts, he was awarded the 2009 Nobel Peace Prize by the Nobel Committee in Norway.