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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.
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Where can you find details of the American Recovery and Reinvestment Act?
You can find details of the American Recovery and Reinvestment Act at Recovery.gov.
Is the stimulus bill the same as the American Recovery and Reinvestment Act of 2009?
yes the American recovery and reinvestment act (ARRA) is the same thing as the stimulus package. the (ARRA) is the real name.
The American Recovery and Reinvestment Act of 2009 was passed in response to?
An economic crisis
Why did some governors object to the American Recovery and Reinvestment Act ARRA?
Some governors objected to the American Recovery and Reinvestment Act because government funds were not shared equally among states. States with large automotive plants such as Michigan clearly benefited from the funds while other states did not receive many benefits.
What were some of the goals of the American Recovery and Reinvestment Act of 2009?
Save existing jobs, increase federal funding for unemployment benefits, and increase economic activity.
