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The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...
The economic policy of the Barack Obama administration, or in its colloquial portmanteau form "Obamanomics", was characterized by moderate tax increases on higher income Americans designed to fund health care reform, reduce the federal budget deficit, and decrease income inequality. President Obama's first term (2009–2013) included measures ...
Full video of the speech as published by the White House View from the Executive Gallery of the House Chamber. Barack Obama, the 44th president of the United States, addressed a joint session of the United States Congress on Tuesday, February 24, 2009. It was his first public address before a joint session.
Speaking in Cleveland, President Barack Obama offered more details of his plan to get the nation's economic recovery back in gear. Facing polling data that shows his Democratic party may lose one ...
The President has made HSR development a key element in his economic stimulus plan, setting aside $8 billion for the initiative, and budgeting a further $1 billion per year for the next five years ...
The New York Times reports that the 'Buy America' clause in the economic stimulus package that President Obama signed into law may not be as absolute as some would like to think. The clause ...
Barack Obama at his desk in the Oval Office of the White House, on Jan. 21, 2009. This was Obama's first full day as president. The first 100 days of the Barack Obama presidency began on January 20, 2009, the day Barack Obama was inaugurated as the 44th president of the United States. The first 100 days of a presidential term took on symbolic ...
In a June 2009 speech, U.S. President Barack Obama argued that a "culture of irresponsibility" [60] was an important cause of the crisis. He criticized executive compensation that "rewarded recklessness rather than responsibility" and Americans who bought homes "without accepting the responsibilities."