American Recovery and Reinvestment Act of 2009
E342283
The American Recovery and Reinvestment Act of 2009 was a major U.S. economic stimulus package enacted in response to the Great Recession, aimed at saving and creating jobs, investing in infrastructure, education, health, and renewable energy, and providing tax relief.
All labels observed (3)
| Label | Occurrences |
|---|---|
| American Recovery and Reinvestment Act of 2009 canonical | 5 |
| ARRA | 1 |
| Recovery Act | 1 |
Statements (71)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
economic stimulus package ⓘ fiscal stimulus ⓘ |
| administeredBy |
Office of Management and Budget
ⓘ
Recovery Accountability and Transparency Board ⓘ |
| codifiedIn |
Title 26 of the United States Code
ⓘ
Title 42 of the United States Code ⓘ |
| containsProgram |
Build America Bonds
ⓘ
COBRA premium subsidies ⓘ Clean Renewable Energy Bonds expansion ⓘ HITECH Act ⓘ
surface form:
Health Information Technology for Economic and Clinical Health Act
Making Work Pay tax credit ⓘ Pell Grant increases ⓘ Race to the Top funding ⓘ State Fiscal Stabilization Fund ⓘ education technology grants ⓘ energy efficiency and weatherization assistance ⓘ expanded unemployment insurance benefits ⓘ high-speed rail funding ⓘ increased SNAP benefits ⓘ research and development funding ⓘ transportation infrastructure grants ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| createdWebsite | Recovery.gov ⓘ |
| economicTheoryBasis | Keynesian economics ⓘ |
| enactedDate | 2009-02-17 ⓘ |
| estimatedCost |
787 billion US dollars
ⓘ
831 billion US dollars ⓘ |
| followedBy | Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 ⓘ |
| fundingType |
discretionary spending
ⓘ
entitlement spending ⓘ tax cuts ⓘ |
| hasProvision |
alternative minimum tax relief
ⓘ
bonus depreciation for businesses ⓘ expanded Child Tax Credit ⓘ expanded Earned Income Tax Credit ⓘ first-time homebuyer tax credit expansion ⓘ funding for broadband expansion ⓘ funding for electronic health records adoption ⓘ funding for scientific research agencies ⓘ funding for smart grid investment ⓘ funding for weatherization of low-income homes ⓘ increased federal Medicaid matching funds ⓘ |
| houseBillNumber | H.R. 1 ⓘ |
| introducedIn | 111th United States Congress ⓘ |
| legislativeBody | United States Congress ⓘ |
| locationSigned | Denver, Colorado ⓘ |
| politicalPartyOpposition | Republican Party ⓘ |
| politicalPartySupport | Democratic Party ⓘ |
| precededBy | Economic Stimulus Act of 2008 ⓘ |
| primaryGoal |
invest in education
ⓘ
invest in health care ⓘ invest in infrastructure ⓘ invest in renewable energy ⓘ provide tax relief ⓘ save and create jobs ⓘ stimulate economic activity ⓘ |
| publicLawNumber | Public Law 111-5 ⓘ |
| responseTo |
2007–2008 financial crisis
ⓘ
2008 United States housing and financial crisis ⓘ
surface form:
Great Recession
|
| sectorTargeted |
education
ⓘ
health care ⓘ housing ⓘ infrastructure ⓘ renewable energy ⓘ transportation ⓘ |
| shortName |
American Recovery and Reinvestment Act of 2009
self-linksurface differs
ⓘ
surface form:
ARRA
American Recovery and Reinvestment Act of 2009 self-linksurface differs ⓘ
surface form:
Recovery Act
|
| signedBy | Barack Obama ⓘ |
| signedDate | 2009-02-17 ⓘ |
| timePeriodTargeted | 2009–2011 ⓘ |
Referenced by (7)
Full triples — surface form annotated when it differs from this entity's canonical label.
American Recovery and Reinvestment Act of 2009
→
shortName
→
American Recovery and Reinvestment Act of 2009
self-linksurface differs
ⓘ
this entity surface form:
ARRA
American Recovery and Reinvestment Act of 2009
→
shortName
→
American Recovery and Reinvestment Act of 2009
self-linksurface differs
ⓘ
this entity surface form:
Recovery Act