In 2009 President Barack Obama responded to recession

Question

Quizplus · Accepted Answer

In response to the recession, President Barack Obama implemented the American Recovery and Reinvestment Act (ARRA) in 2009, which involved both tax cuts and government spending increases. The tax cuts included a temporary reduction in the Social Security payroll tax and tax credits for individuals and businesses. The government spending increases were focused on infrastructure projects, education, renewable energy, and aid to state and local governments.

In 2009 President Barack Obama Responded to Recession