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Chart of BLS job-loss data based on OFA's chart President Barack Obama and Vice President Joe Biden speak to state legislators about the implementation of the Recovery Act on March 20, 2009. The Congressional Budget Office reported in October 2009 the reasons for the changes in the 2008 and 2009 deficits, which were approximately $460 billion ...
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 ...
The U.S. government designed TIGER grants in order to incentivize bettering environmental problems and reducing the United States' dependence on energy.On the economic front, the United States hopes infrastructure investment will encourage job creation, a pressing political priority; this would likely require the project to be shovel-ready.
The Obama administration's proposed budget for 2017 proposed spending $4.2 trillion and raising $3.6 trillion in tax revenue. [10] The administration's stated priorities are creating jobs, building 21st century transportation, investing in medical research, addressing climate change , and increased funding for national security.
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 ...
Obama and Raul Castro reversed over 60 years of tension between the U.S. and Cuba by restoring diplomatic ties. 4. He urged states in 2013 to raise the minimum wage to $10.10 an hour. Since then ...
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
The Fixing America's Surface Transportation Act or the FAST Act is a funding and authorization bill to govern United States federal surface transportation spending. It was passed by Congress on December 3, 2015, and President Barack Obama signed it on the following day.