One day after signing a $787 billion stimulus bill into law, President Barack Obama outlined a $75 billion plan to help stem foreclosures, which is at the heart of the nation's deepening economic woes.

The U.S. government has again bailed out Citigroup, unveiling a bold plan Sunday night to inject $20 billion in fresh capital into the troubled financial giant and shoulder most of the potential losses on $306 billion of high-risk assets.