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On February 8, 2009, a letter to Congress signed by about 200 economists in favor of the stimulus, written by the Center for American Progress Action Fund, said that Obama's plan "proposes important investments that can start to overcome the nation's damaging loss of jobs", and would "put the United States back onto a sustainable long-term ...
According to the Tax Policy Center, the Obama plan provides three times as much tax relief for middle-class families as the McCain plan. [235] Obama's plan includes a temporary "Making Work Pay" program, which gives a tax credit at 6.2% of earned income up to $400 for single workers (making less than $75,000/yr), and an $800 for married couples ...
In 2008, Obama suggested that the Bank would borrow US$60 billion of federal funding to invest in infrastructure over 10 years, while leveraging "up to $500 billion" of private investment. [2] It would invest in high-speed trains to provide an alternative to air travel, energy efficiency, and clean energy, among other kinds of public ...
President Obama is unveiling this week what some have dubbed his "second stimulus." There's $50 billion more in infrastructure spending on roads and bridges, $100 billion to make a research and ...
President Barack Obama made a Labor Day pitch for some $50 billion in new road, rail and airport construction projects with a plan that aims to overhaul national infrastructure spending and jump ...
President Barack Obama hasn't given up on it. Having seen Congressional Republicans dash his hopes of passing his American Jobs bill as a whole, Obama is now seeking to get his plan through in ...
Rebuilding American Infrastructure with Sustainability and Equity (RAISE) is an American federal government program administered by the United States Department of Transportation. Originally known as Transportation Investment Generating Economic Recovery ( TIGER ), it began as supplementary discretionary grant program included in the American ...
The Obama administration's budget was transmitted to Congress on February 2, 2015. [1] The administration requested funding levels for discretionary spending that were 7% over the budget caps specified in the Budget Control Act of 2011, roughly equally split between defense and non-defense programs. [ 10 ]