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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 ...
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 ...
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 ...
Having originated in the United States, the term is now used generally in reference to projects which are candidates for economic stimulus spending: money put into a shovel ready project will have a more immediate impact on the economy than money spent on a project on which a great deal of time must elapse for architecture, zoning, legal considerations or other such factors before labor can be ...
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 ...
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.
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 ...