Stimulus Package The American Recovery and Reinvestment Act of 2009 (the “ARRA” or “Stimulus”) was passed by Congress and signed into law by President Barack Obama with the hopes that it would achieve two key objectives: add new jobs and save existing jobs. The Stimulus Bill authorized the United States federal government to spend a [...]
Stimulus Bill The American Recovery and Reinvestment Act (the “Stimulus Bill” or the “ARRA”) was passed by Congress and signed into law by President Barack Obama in February of 2009. The law had two explicit purposes: to save existing American jobs and create new ones for individuals who had lost work due to the economic [...]
Extension of Unemployment Benefits The laws dealing with the extension of unemployment benefits have undergone several different changes since Congress and President Obama implemented the American Recovery and Reinvestment Act of 2009. Under that 2009 law, individuals were granted the opportunity to receive (in some instances) not only an economic recovery payment but also [...]
Economic Recovery Payment The American Reinvestment and Recovery Act of 2009 became law on February 17, 2009. Under the Act, a one-time “economic recovery payment” was issued to certain individuals who fell under at least one of four different categories: They currently receive Social Security Supplemental Security Income (“SSI”) Railroad Retirement or Veterans benefits These [...]
