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The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. Tooltip Public Law (United States) 111–5 (text)), 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.
25 lut 2016 · Roughly $100 billion was allocated to education in the Recovery Act to expand support for students attending college, catalyze education reform across the country, keep teachers on the job, and protect students from drastic cuts to education funding at the state and local level.
22 lut 2017 · Eight years ago, during the worst recession since the Great Depression, Congress passed and President Obama signed the American Recovery and Reinvestment Act.
The American Recovery and Reinvestment Act (ARRA) of 2009 was legislation designed to stimulate the U.S. economy by saving jobs jeopardized by the Great Recession of 2008–09 and by creating new jobs. It was enacted by the U.S. Congress and signed into law by Pres. Barack Obama.
This funding helped state governments avoid laying off teachers, firefighters and police officers and prevented states’ budget gaps from growing wider. On an individual level, the Act ensured those hardest hit by the recession got extended unemployment insurance, health coverage and food assistance.
25 cze 2023 · The American Recovery and Reinvestment Act of 2009 (ARRA) was a fiscal stimulus bill signed by President Barack Obama on Feb. 17, 2009, at the onset of the Great Recession.
31 gru 2021 · It cut taxes by $288 billion and earmarked $224 billion in extended unemployment benefits, education, and health care spending. Also, the Act created jobs by allocating $275 billion in federal contracts, grants, and loans.
