Economy

  • Economic Stimulis Act of 2008- federal budget

    Economic Stimulis Act of 2008- federal budget
    Economis Stimulis Act
    Act of Congress providing for several kinds of economic stimuli intended to boost the United States economy in 2008. Also, to avert a recession, or ameliorate economic conditions.
  • Obama and Congress pass ARRA- federal budget

    Obama and Congress pass ARRA- federal budget
    ARRA
    This act uses tax cuts and federal money to create new jobs. Which results in the government being 253 billion in debt. But, later on the debt will lower to 17 billion.
  • congress passes health care reform bill- federal budget

    congress passes health care reform bill- federal budget
    health care reform bill
    With this bill all americans will be able to afford quality health care. So, there will be higher taxes, or reduced government spending.
  • Senate passes Financial Regulation Bill- savings

    Senate passes Financial Regulation Bill- savings
    It was passed to help prevent regulatory failures. Also, to prevent risky behavior that almost caused economic collapse in 2008.
  • World Leadership Defecit- leadership deficit

    World Leadership Defecit- leadership deficit
    World leadership deficit
    The U. S. Congress reform on special interests. Also they are unable to pass laws to provide equal health care.
  • International Trade in Goods and Services- trade deficit

    International Trade in Goods and Services- trade deficit
    International tradeThe U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce,
    announced today that the goods and services deficit was $41.9 billion in July, down $3.3 billion
    from $45.2 billion in June