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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 ...
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 Stimulus Act of 2008 ( Pub. L. 110–185 (text) (PDF), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions.
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 American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
The GDP hole is so big it may require a second fiscal stimulus package, says Laura Tyson, a member of President Obama's Economic Advisory Panel, the Agence France-Presse reported Tuesday.
5. He helped stimulate the auto industry after the financial crisis. Chrysler and GM have created 250,000 jobs since then. 6. President Obama was one of the key leaders that fought for the Paris ...
The Economic Stimulus Appropriations Act of 1977 was a stimulus package enacted by the 95th United States Congress and signed into law by President Jimmy Carter on 13 May 1977. The Economic Stimulus Act of 2008, signed on February 13, 2008 by President George W. Bush, was intended to boost the United States economy in 2008.