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The acts of the 111th United States Congress include all laws enacted and treaties ratified by the 111th United States Congress, which lasted from January 3, 2009 to January 3, 2011. Such acts include public and private laws , which were enacted after being passed by Congress and signed by the President .
Oregon has the fifth highest personal income tax in the nation. According to the U.S. Census Bureau, Oregon ranked 41st out of the 50 states in taxes per capita in 2005 with an average amount paid of 1,791.45. [62] A few local governments levy sales taxes on services: the city of Ashland, for example, collects a 5% sales tax on prepared food. [63]
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The 2011 budget deficit will likely be more than the CBO's estimate. Economists at Goldman Sachs ... Impact: increased deficit by $331 billion in 2011. The 2007-2009 recession. The Great Recession ...
The 111th United States Congress was a meeting of the legislative branch of the United States federal government from January 3, 2009, until January 3, 2011. It began during the last weeks of the George W. Bush administration , with the remainder spanning the first two years of Barack Obama's presidency .
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The 75th Oregon Legislative Assembly convened beginning on January 12, 2009, for its biennial regular session. All of the 60 seats in the House of Representatives and half of the 30 seats in the State Senate were up for election in 2008; the general election for those seats took place on November 4 .
Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget. [10] A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts. Spending increases and tax credits resulting ...