U.S. President Barack Obama Friday prepared to sign legislation to help boost the sagging U.S. economy and to visit some of the country's wounded soldiers.

The White House said Obama was to sign the Worker, Homeownership, and Business Assistance Act of 2009, legislation aimed at spurring job creation by providing an additional tax cut for businesses, extending unemployment benefits up to 20 additional weeks, and stabilizing the housing market with a one-time extension of the $8,000 home buyer tax credit.

The president also was to visit injured soldiers at Walter Reed Army Medical Center, the White House said.

The newest member of the House of Representatives, Rep. Tom Owens, D-N.Y., was scheduled to visit with Obama during the afternoon.

Obama rescheduled a trip to Capitol Hill to discuss the House version of healthcare reform from Friday to Saturday, the White House said.

The House was scheduled to vote on the bill Saturday evening. Among other things, the $1 trillion bill would extend healthcare to 96 percent of the U.S. population and would create a government-run health insurance plan.