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In July 2010, the White House Council of Economic Advisers (CEA) estimated that the stimulus had "saved or created between 2.5 and 3.6 million jobs as of the second quarter of 2010". [104] At that point, spending outlays under the stimulus totaled $257 billion and tax cuts totaled $223 billion. [105]
The Consolidated Appropriations Act, 2021 is a $2.3 trillion [1] spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year (combining 12 separate annual appropriations bills) and prevents a government shutdown.
Obama presents his first weekly address as President of the United States on January 24, 2009, discussing the American Recovery and Reinvestment Act of 2009 Job Growth by U.S. president, measured as cumulative percentage change from month after inauguration to end of term. 2016 was the first year U.S. real (inflation-adjusted) median household income surpassed 1999 levels.
Biden's COVID-19 stimulus package, the American Rescue Plan, originally included raising the minimum wage to $15 per hour, but this was later removed after moderate Senate Democrats and Republicans objected to the proposal. A CBO study in 2019 estimated that raising the minimum wage to $15 by 2025 would increase wages for 17 million directly in ...
[76] $282 million were announced in the 2008 budget to support war veterans. [77] The CPC, under Prime Minister Stephen Harper, has incrementally increased the annual budget of Veterans Affairs Canada from $2.8 billion in 2006 to $3.64 billion over an 8-year period. [78]
The 2016 U.S. Gini coefficient was .59 based on market income, but was reduced to .42 after taxes and transfers, according to Congressional Budget Office (CBO) figures. The top 1% share of market income rose from 9.6% in 1979 to a peak of 20.7% in 2007, before falling to 17.5% by 2016.
1:42.08 (alternatively known as 1:42.08: A Man and His Car or 1:42.08: To Qualify) is George Lucas's senior project at the University of Southern California in 1966. [1] It was named for the lap time of the Lotus 23 race car that was the subject of the film.
Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.