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Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. 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.
The Obama Administration made permanent tax cuts for 98 percent of Americans as part of the bipartisan fiscal cliff agreement in January 2013, while allowing costly tax cuts to expire for those with the highest incomes — which will reduce deficits by more than $800 billion over the next ten years.
31 gru 2021 · Obama's economy stimulus package was passed in February 2009 as the American Recovery and Reinvestment Act. Learn how it worked and whom it benefited.
The Recovery Act. President Obama took office in the middle of the worst economic crisis since the Great Depression, at a time the economy was losing over 700,000 jobs a month and in the midst of what we now know was the worst 6-month period for GDP growth in over 60 years.
4 paź 2017 · Taxes were reduced by $3.120 trillion, program spending increased $758 billion, and $1.110 trillion in interest costs resulted. The main components are summarized in Figure 4, and some details are explained below. 1. Extending tax cuts inherited from previous administrations ($4,135 billion).
Check the Status of Your Economic Impact Payment. To check the status of your Economic Impact Payment, please visit the IRS Get my Payment page; To check if you qualify for the Economic Impact Payment this round, Were you eligible to receive an Economic Impact Payment in 2020, but never received it?
Obama's economic plan so far. President uses first 100 days to embark on wide-ranging initiatives to stem the downturn and financial crisis. By Jeanne Sahadi, CNNMoney.com senior writer....
