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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.
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 included...
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 Stimulus. Date: 2009. Location: United States. American Recovery and Reinvestment Act (ARRA), legislation, enacted by the U.S. Congress and signed into law by Pres. Barack Obama in 2009, that was designed to stimulate the U.S. economy by saving jobs jeopardized by the Great Recession of 2008–09 and creating new jobs.
This Act may be cited as the ‘‘American Recovery and Reinvest-ment Act of 2009’’. SEC. 2. TABLE OF CONTENTS. The table of contents for this Act is as follows: DIVISION A—APPROPRIATIONS PROVISIONS TITLE I—AGRICULTURE, RURAL DEVELOPMENT, FOOD AND DRUG ADMIN-ISTRATION, AND RELATED AGENCIES
20 kwi 2009 · The act, which consisted mainly of “recovery rebates” for individuals and investment incentives for businesses, reduced revenues by $152 billion in FY2008 and $16 billion in FY2009. 2
4 dni temu · The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), 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.