Obama Stimulus Package 2009 Amount

President obama heads to denver on feb.

Obama stimulus package 2009 amount. Bush administration sent out stimulus checks to battle the 2008 recession. Congress and signed into law by president barack obama in february 2009. What are the results.

Obama s economy stimulus package was passed in february 2009 as the american recovery and reinvestment act. It ended the recession in july. More details about president elect barack obama s economic stimulus plan were unveiled monday painting a clearer picture about how the estimated 775 billion plan would fit in with the government.

111 5 text nicknamed the recovery act was a stimulus package enacted by the 111th u s. 17 2009 to sign into law a 787 billion stimulus package intended to revive the economy and create jobs. In recent years including one enacted by then president barack obama in 2009.

Developed in response to the great recession the primary objective of this federal statute was to save existing jobs and create new ones as soon as possible. When president obama signed his economic stimulus plan into law on february 17 2009 he promised it includes help for those hardest hit by our economic crisis and as a whole this plan. It spent 120 billion in fiscal years 2008 and 2009.

So the stimulus the so called american recovery and reinvestment act of 2009 or arra is starting to wind down. The american recovery and reinvestment act of 2009 arra pub l. Stimulus checks were mailed out as follows.

President obama has signed into law an economic stimulus package that covers 2009 and 2010. Depends on whom you ask of course. The year before arra the george w.