The President began his day with his daily economic and security briefings. He then spoke to National governors association. In his talk the President thanked the governors for their involvement in helping pass the economic stimulus. The President announced that Vice President Obama would be responsible for supervising the implementation of the program. Full Text

In the afternoon the President held an extraordinary session on Fiscal Responsibility. The meeting was attended by a diverse group of congressman and experts from both parties. The President and Vice President began the meeting with opening remarks. The session then moved on to working groups, on procurement, social security reform, taxation and medical reform. The sessions that were open to pool reporters were open and the remarks by the participants were frank and interesting. The session ended by an open televised session were the President took questions from the participants and engaged in open dialogue. It was an extraordinary session.