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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.
12 sie 2018 · The fiscal stimulus went through three phases: (i) an initial set of responses in 2008 that aimed to be “timely, targeted, and temporary”, (ii) a large response in the Recovery Act in early...
25 cze 2023 · The American Recovery and Reinvestment Act of 2009 (ARRA) was fiscal stimulus legislation passed by the U.S. Congress to alleviate the Great Recession of 2008. It is more commonly...
5 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.
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
6 kwi 2020 · Joe Biden was instrumental in getting the 2009 recovery act through Congress, then supervised the stimulus for the Obama administration. How might that experience shape how he would govern?
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.
