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The American Recovery and Reinvestment Act of 2009 ( ARRA) ( Pub. L. 111–5 (text) (PDF) ), 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. Developed in response to the Great Recession, the primary objective of this federal statute was to save ...
The Economic Stimulus Act of 2008 ( Pub. L. 110–185 (text) (PDF), 122 Stat. 613, enacted February 13, 2008) was an Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008 and to avert a recession, or ameliorate economic conditions.
The Coronavirus Aid, Relief, and Economic Security Act, [ b][ 1] also known as the CARES Act, [ 2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States. [ 3][ 4] The spending ...
As the $600 per person stimulus payments from the latest coronavirus aid package hit many people’s bank accounts, others could be waiting for their money in the mail. The IRS has sent some ...
Last night – after months of delay – Congress finally reached a deal to pass a $900 billion COVID-19 relief package, narrowly avoiding a government shutdown. This package follows the ...
Stimulus checks will begin arriving “as early as tonight” for eligible Americans, Treasury Secretary Steven Mnuchin tweeted on Tuesday, pointing to the Internal Revenue Service IRS) ‘Get My ...
Economic stimulus payment or economic impact payment may refer to several tax rebates, tax credits, tax deductions and grants from the federal government of the United States: Tax rebates as part of the Economic Growth and Tax Relief Reconciliation Act of 2001. Tax rebates as part of the Economic Stimulus Act of 2008. First coronavirus stimulus ...
As an additional $1,400 in stimulus money hangs in the balance – held up by Senate Majority Leader Mitch McConnell – Treasury Secretary Steven Mnuchin announced last night that $600 stimulus ...
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