Is Stimulus Victory Obama's Opening Act Or Sign Of Reduced Expectations?

03/14/2009 05:12 am ET | Updated May 25, 2011

WASHINGTON �" It is a quick, sweet victory for the new president, and potentially a historic one. The question now is whether the $789 billion economic stimulus plan agreed to by Congressional leaders on Wednesday is the opening act for a more ambitious domestic agenda from President Obama or a harbinger of reduced expectations.

Both the substance of his first big legislative accomplishment and the way he achieved it underscored the scale of the challenges facing the nation and how different a political climate this is from the early stages of recent administrations.

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