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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.
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 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.
20 kwi 2009 · Summary. President Barack Obama signed H.R. 1, the American Recovery and Reinvestment Act (ARRA) of 2009, into law on February 17, 2009, as P.L. 111-5 (123 Stat. 115-521). The act is seen as one of the most significant legislative responses made thus far to the current economic turmoil.
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...
The areas where stimulus has been largest in the first six months are individual tax cuts, state fiscal relief, and aid to those most directly hurt by the recession. That recovery funds have gone out rapidly certainly increases the probability that the Act has been effective in its first six months.
25 lut 2016 · This month marks the seven-year anniversary of the American Recovery and Reinvestment Act (Recovery Act). The President signed the Recovery Act into law on February 17, 2009—less than a month after taking office—as our economy teetered on the brink of a second Great Depression.
