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Fed makes emergency move to lend around $1.3 trillion directly to companies.
Budget. The government is giving away money they don't http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007 -
Obama signs economic stimulus package
President Obama signed the $787 billion economic stimulus package into law.
The "American Recovery and Reinvestment Act of 2009" includes a variety of spending measures and tax cuts intended to promote economic recovery. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007 -
The Affordable Care Act was signed into law to reformthe health care industry by President Barack Obama
Budget. Where did the money come from? http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007 -
Obama signs extension of jobless benefits
Budget. The government doesnt have the money for this. -
The Federal Reserve announced a second round of quantitative easing through the purchase of $600 billion in long term Treasury bonds.
Savings. This spurs the economy and helps make it better. http://useconomy.about.com/od/glossary/g/Quantitative-Easing.htm -
Obama signs debt ceiling bill
Leaderships. This demonstrates Obamas leadership by having the power to increase the debt ceiling. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007 -
Obama signs free-trade agreements with South Korea, Colombia, and Panama..
The country is now able to trade freely with more countries. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007 -
Obama signs into law the extension of the payroll tax cut and unemployment benefits
Budget. This reduces the amount of money the government recieves from taxes. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2007
