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The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub. L. 111–5 (text)), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009.
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]
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 ...
The GDP hole is so big it may require a second fiscal stimulus package, says Laura Tyson, Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
A ‘vote-a-rama’ made the deal possible.
The American Recovery and Reinvestment Act of 2009 was a stimulus package enacted by the 111th United States Congress and signed into law by President Barack Obama in February 2009 developed in response to the Great Recession. The Thai Khem Khaeng was a Thai economic stimulus investment program imposed by the government of Abhisit Vejjajiva in ...
It’s a big deal. For one thing, a third stimulus check. iStock President Joe Biden signed into law the American Rescue Plan, a $1.9 trillion package for coronavirus relief, on Thursday, March 11 ...
A stimulus package is most often a government program providing economic stimulus.. Examples in the United States include the Economic Stimulus Appropriations Act of 1977; the Economic Stimulus Act of 2008; the American Recovery and Reinvestment Act of 2009; the CARES Act in 2020 and American Rescue Plan Act of 2021.