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 [...]
Economic Recovery Starting in late 2008 the United States government began taking steps to try to jumpstart an economic recovery. The primary tool Congress used in their recovery efforts was the American Recovery and Reinvestment Act of 2009 (“ARRA”), which was signed into law by President Obama in February of that year. This Act (which [...]
Underemployment When most people think of unemployment benefits they traditionally believe those benefits are available only to individuals who become completely unemployed. However unemployment benefits, and many other types of general welfare benefits, can be available to individuals who are partially unemployed and are only experiencing underemployment. Underemployment is traditionally defined as someone having work [...]
ARRA The American Recovery and Reinvestment Act of 2009 (also known as the “Stimulus” or “Stimulus Bill”) was a landmark piece of legislation signed into law in February of 2009 by President Barack Obama with the hope that it would fulfill two purposes: save existing jobs and create new jobs. In total, the cost of [...]
TANF The Temporary Assistance for Needy Families (“TANF”) program was created in July of 1997 and signed into law by President Bill Clinton. The program was born as a successor welfare program to the AFDC (Aid to Families with Dependent Children program). The purpose of the TANF program is to provide cash payments to low [...]
American Recovery and Reinvestment Act of 2009 The American Recovery and Reinvestment Act of 2009 was passed by the United States Congress in February of 2009 and signed into law by President Barack Obama on February 17, 2009. This piece of legislation is also commonly known as the “Stimulus” and the “Recovery Act.” Although a [...]
Recovery.gov The Recovery.gov website is the United States government’s official website that provides tracking and accountability for all spending related to the American Reinvestment and Recovery Act of 2009′s stimulus funds. The purpose of the Recovery.gov website also allows for the public to see if any waste, fraud or abuse has been discovered with the [...]
Unemployment Benefit Extension Because of the passage of the American Reinvestment and Recovery Act, unemployment benefit extensions were made available to many workers who were already receiving unemployment benefits. Unemployment insurance is provided to former workers who meet certain income and work-longevity requirements and is administered in every state of the United States. In all [...]
American Reinvestment and Recovery Act The American Reinvestment and Recovery Act, which is also known as “the Stimulus” or the “Stimulus Bill”, was passed by Congress and signed into law by Pres. Obama in February of 2009. The purpose behind the Act was to try to create new jobs for those individuals who become unemployed [...]
