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In 2009, under his tenure a ₹ 108 billion (US$1.2 billion) budget was passed. [10] In the year 1999, Mamata Banerjee (later Chief Minister of West Bengal) became the first female Railway Minister. In 2000, she became the first female to present the Railway budget [11] and is the only woman to do so for two different governing coalitions (NDA ...
The Congressional Budget Office reported in October 2009 the reasons for the changes in the 2008 and 2009 deficits, which were approximately $460 billion and $1.41 trillion, respectively. The CBO estimated that ARRA increased the deficit by $200 billion (~$276 billion in 2023) for 2009, split evenly between tax cuts and additional spending ...
The United States combined many stimulus measures into the American Recovery and Reinvestment Act of 2009, a $787 billion bill covering a variety of expenditures from rebates on taxes to business investment. $184.9 billion was to be spent in 2009, and $399.4 billion was to be spent in 2010 with the remainder of the bill's appropriations spread ...
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Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget. [10] A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts. Spending increases and tax credits resulting ...
Non-legislative recommendations for FRA policy come from the Rail Safety Advisory Committee, established in 1996, [9] though much of FRA policy is created via congressional legislation; for example, the Rail Safety Improvement Act of 2008 was an act of Congress, which the FRA enforced through a series of regulations published two years later. [10]
The United States Federal Budget for Fiscal Year 2010, titled A New Era of Responsibility: Renewing America's Promise, [6] is a spending request by President Barack Obama to fund government operations for October 2009–September 2010.
The House of Representatives version of the bill includes $410 billion in spending. [2] This includes a 21 percent increase to a program that feeds infants and poor women, an 8 percent increase to the Section 8 voucher program, a 13 percent increase to the Agriculture Department, a 10 percent increase in Amtrak subsidies, a 10 percent increase in Congress's budget, a 12 percent increase in the ...