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The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. 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.
31 gru 2021 · President Barack Obama signed the American Recovery and Reinvestment Act (ARRA) on February 17, 2009. The Congressional Budget Office estimated it would add $787 billion in budget deficits by 2019. The economic stimulus package helped end the Great Recession by spurring consumer spending.
17 lut 2014 · The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a...
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. The Act...
Through the Recovery Act, which was enacted on February 17, 2009, the President helped deliver crucial support to the economy in three ways. The single largest part of the Act — more than one-third of it — was tax cuts.
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.
18 lut 2009 · President Obama has signed one of the largest rescue packages since the Great Depression to revive the U.S. economy. Economists warn of the need to keep spending targeted, timely, and...
