Posts Tagged ‘American Recovery and Reinvestment Act’

Well, President Obama promised to cut the deficit in half by 2013 by increasing income taxes for people earning $250,ooo year, reducing spending in Iraq, and eliminating useless government programs. That last one is bound to be a doozy. Come to think of it, the GOP will deny the existence of God before they let the […]

Here’s how our tax dollars will be spent, as part of the new recovery package: Face it. Many folks are unemployed, broke, facing foreclosure, or worse. That means there’s plenty of time in the day to visit and review the American Recovery and Reinvestment Act of 2009. You owe it to yourself, so you […]

President Obama signed his first major piece of legislation today. The $787B American Recovery & Reinvestment Act of 2009 will fund the rebuilding of roads and bridges, healthcare, and renewable energy. The Act — which represents the largest public spending program since World War II — will also provide tax cuts and jobs for many Americans. […]

The Senate has just voted to pass the American Recovery and Reinvestment Act. Now, if we could just get the Senate’s version to match the one approved by the House. Right now, the House version is $819 billion and the Senate’s is $838B–a lot of money–but the Senate’s version is only 2% higher. The difference reflects […]