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| Obama appoints stimulus overseers | Obama appoints stimulus overseers |
| (31 minutes later) | |
| US President Barack Obama has put Vice President Joe Biden in charge of overseeing the implementation of his $787bn (£540bn) economic stimulus plan. | US President Barack Obama has put Vice President Joe Biden in charge of overseeing the implementation of his $787bn (£540bn) economic stimulus plan. |
| He has appointed former secret service agent Earl Devaney to oversee how the money is spent; he is now inspector general of the Interior Department. | |
| Mr Devaney's job will be to ensure that the stimulus funds are not wasted. | Mr Devaney's job will be to ensure that the stimulus funds are not wasted. |
| The president said that $15bn would be released on Wednesday to help states pay their healthcare bills. | The president said that $15bn would be released on Wednesday to help states pay their healthcare bills. |
| Some states have been struggling to pay for their Medicaid programmes, which provide healthcare for people on low incomes. | |
| "By the time most of you get home, money will be waiting to help 20 million vulnerable Americans in your states keep their healthcare coverage," the president said. | |
| Speaking to a gathering of state governors, he warned that if they wasted any of the stimulus funds, he would "call them out on it". | |
| Mr Devaney's new job will be as chairman of the Recovery Act Transparency and Accountability Board. | |
| "He looks like an inspector, he's tough, you know he barely cracks a smile," the president said. |