"Now I'm not going to tell you that this bill is perfect. It isn't. But it is the right size, the right scope, and has the right priorities to create jobs that will jumpstart our economy and transform it for the 21st century," he said.
The city of Elkhart is facing unemployment of nearly 18 percent and the county unemployment rate has tripled in the last year to 15.3 percent, the highest increase of any metropolitan area in the country.
There were 8,000 jobs lost in the past year in the county and 16,000 people are unemployed there.
The White House claims that the stimulus package would create or save 79,300 jobs in Indiana over the next two years; provide an income tax credit of up to $1,000 for 2.5 million workers and their families; create a new $2,500 partially refundable tax credit for four years of college for 76,000 Indiana families; offer an additional $100 per month in unemployment insurance benefits to 456,000 unemployed Indianans; extend unemployment benefits to an additional 89,000; and provide funds to modernize at least 176 Indiana schools.
White House Press Secretary Robert Gibbs told reporters on Air Force One today that the purpose of the trip to Elkhart was not to provide the city's residents an update from inside the Beltway.
"[T]his is not explaining to Indiana what's going on in Washington; this is taking Washington to show them what's going on in Indiana and all over the country -- and why people are hurting," Gibbs said.
Obama continues his stimulus road show Tuesday with a town hall meeting in Ft. Myers, Fla., an area hit hard by home foreclosures and job losses.
Florida Republican Gov. Charlie Crist will join Obama at the town hall meeting Tuesday, a public show of support from the governor, who was one of four Republican governors who signed on to a letter to the president expressing support for the stimulus bill.
"Florida has taken prudent steps to cut taxes for our people and balance our budget in these increasingly difficult times. Any attempts at federal stimulus must prioritize job creation and targeted tax relief for small business owners. I am eager to welcome President Obama to the Sunshine State as he continues to work hard to reignite the U.S. economy," Crist said in a statement today.
ABC News' Jake Tapper, Yunji De Nies and Sunlen Miller contributed to this report.