-
President Bush signs Housing Rescue Law
http://money.cnn.com/2008/07/30/news/economy/housing_bill_Bush/
Made to help struggling home owners with their morgage. -
The Fed provides 900 billion in short term cash loans to banks
-
OPEC cut oil output by 1.5 million barrels
http://www.cnbc.com/id/101982017#.
The global supply of oil caused the U.S. crude oil stocks to fall by 1.5 million barrels. -
The U.S. auto industry was bailed out ($13.4 billion)
http://useconomy.about.com/od/criticalssues/a/auto_bailout.htm
The U.S. auto industry was given
$13.4 billion for general motors
$6 billion for GMAC.
$4 billion for Chrysler -
Obama Inaugurated
-
Pres. Obama signed the 787 billion dollar economics stimulous package
http://www.foxnews.com/politics/2009/02/17/obama-signs-billion-stimulus-package/
Obama signs the stimulous package in order to try to help the overal economy. -
Obama signed the Debt Ceiling Bill
http://www.huffingtonpost.com/2014/02/15/obama-debt-ceiling_n_4795933.html
Obama signs the Debt Ceiling Bill in order to lower the federal debt limit and help young military retirees. -
U.S. Government Shuts down
http://business.time.com/2013/10/01/how-badly-will-the-shutdown-hurt-the-u-s-economy/
The U.S. Government shut down from October 1, 2013 to October 16, 2013 due to the two legislative houses did not develope a compromise bill.
