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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 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.
In January 2009, the Obama administration announced a stimulus plan to revive the economy with the intention to create or save more than 3.6 million jobs in two years. The cost of this initial recovery plan was estimated at 825 billion dollars (5.8% of GDP).
The Get My Payment tool operates like an application for your stimulus payment. You can access the tool on the IRS website. You will need to input your Social Security number, date of birth and ...
The IRS has made their official announcement of the dates for distribution of the economic stimulus payments, and has also made a calculator available to help you see how much you'll get. If you ...
According to a new survey of economists, an economic recovery from the United States' worst recession in more than a generation has begun, jump-started by the Obama administration's $787 billion ...
The economy had a strong recovery following the recession. [33] 1923–1924 recession May 1923 – June 1924 1 year 2 months 2 years −25.4% −22.7% From the depression of 1920–1921 until the Great Depression, an era dubbed the Roaring Twenties, the economy was generally expanding. Industrial production declined in 1923–24, but on the ...
While the stimulus bill is still a work in progress, there are a number of provisions in both bills that you can count on passing. But the reality for the average Jane or Joe is that there's not ...