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The top marginal tax rate on income of 39.6%, provided for under the expiration of the 2001 portion of the Bush tax cuts, was retained. This was an increase from the 2003–2012 rate of 35%. [3] The top marginal tax rate on long-term capital gains of 20%, provided for under the expiration of the 2003 portion of the Bush tax cuts, was retained.
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 National Defense Resources Preparedness executive order (Executive Order 13603) is an order of the President of the United States, signed by President Barack Obama on March 16, 2012. [1] The purpose of this executive order is to delegate authority and address national defense resource policies and programs under the Defense Production Act ...
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Barack Obama sponsored 147 bills from January 4, 2005 until November 16, 2008. Two became law. [1] This figure does not include bills to which Obama contributed as cosponsor, such as the Coburn-Obama Federal Funding Accountability and Transparency Act of 2006 or the Lugar-Nunn Cooperative Proliferation Detection, Interdiction Assistance, and Conventional Threat Reduction Act of 2006.
President Joe Biden has signed H.R. 10545, a continuing resolution that keeps the government funded for the first months of the new year. President Biden signed the resolution Saturday morning ...
Biden calls for extending funding set to expire after 2025 ... signed into law by President Barack Obama in March 2010, includes tax subsidies for people up to 400% of the federal poverty level to ...
On August 20, 2012, President Barack Obama used the phrase "red line" [27] in reference to the use of chemical weapons in the Syrian civil war, saying, "We have been very clear to the Assad regime, but also to other players on the ground, that a red line for us is we start seeing a whole bunch of chemical weapons moving around or being utilized ...