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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.
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 · Key Takeaways. 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 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.
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.
On February 17th, 2009, the President signed The American Recovery and Reinvestment Act, or Recovery Act, into law. This Act is an unprecedented effort to jumpstart our economy, save and create millions of jobs, and put a down payment on addressing long-neglected challenges so that our country can thrive in the 21st century.
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.
