yes the American recovery and reinvestment act (ARRA) is the same thing as the stimulus package. the (ARRA) is the real name.
An economic crisis
The American Recovery and Reinvestment Act of 2009 (ARRA) is a $787 billion economic stimulus package signed into law by President Barack Obama on Feb. 17, 2009. A percentage of the package targets spending (contracts, grants, and loans) and the rest includes tax cuts and entitlements such as Medicaid and Social Security Administration payments.
Save existing jobs, increase federal funding for unemployment benefits, and increase economic activity.
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The stimulus bill signed into law by Barack Obama in 2009 is known officially as the American Recovery and Reinvestment Act of 2009.
An economic crisis
The Act of 2009 that was designed to create jobs and cut taxes through deficit spending is the American Recovery and Reinvestment Act of 2009. The controversy over this act caused the American Jobs Act to be labeled as a son of stimulus.
The American Recovery and Reinvestment Act of 2009 (ARRA) is a $787 billion economic stimulus package signed into law by President Barack Obama on Feb. 17, 2009. A percentage of the package targets spending (contracts, grants, and loans) and the rest includes tax cuts and entitlements such as Medicaid and Social Security Administration payments.
create jobs, invest in education and infrastructure, and support low-income families
Save existing jobs, increase federal funding for unemployment benefits, and increase economic activity.
The American Recovery and Reinvestment Act of 2009 was signed by Barack Obama in order to create and preserve jobs after the great recession
for 2009, it is a back pay on the American Recovery and Reinvestment Act of 2009. The payment were made retroactive from feb 17, so if you see it on your paycheck in april, it will be a one time payment for the adjustment in taxes that you would have received since Feb 17
Under the American Recovery and Reinvestment Act, enacted last month, every person who receives unemployment benefits during 2009 is eligible to exclude the first $2,400 of these benefits when they file their tax return next year.
The American Recovery and Reinvestment Act of 2009 provided for a one-time payment of $250 to individuals who receive Social Security or Supplemental Security Income benefits. Most of the payments were delivered by late May 2009. There is no economic stimulus check for 2010.
Yes, Craig Robinson's sister, Michelle Obama, managed to convince the "powers that be" to not fire her older brother for his crappy coaching job at Oregon State University. How might you ask? By inserting 17 million dollars of stimulus money to the athletic dept.
First, a stimulus package is not a gift, like you would receive in the mail. It refers to financial assistance given by a president and a congress to help ("stimulate") the economy in a difficult time. Many presidents have done this. President Obama's stimulus package resulted in saving thousands of American jobs. And although some people believe it should have been bigger (and his political opponents claim it did not help at all), most economic experts from both parties agree that it did help to turn the economy around. I enclose a link that debunks the claim that the stimulus did not help anyone.