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A May 21, 2009, article in The Washington Post stated, "To build support for the stimulus package, President Obama vowed unprecedented transparency, a big part of which, he said, would be allowing taxpayers to track money to the street level on Recovery.gov..." But three months after the bill was signed, Recovery.gov offers little beyond news ...
The RFC, an agency chartered during the Herbert Hoover administration in 1932, made loans to distressed banks and bought stock in 6,000 banks, totalling $1.3 billion. The New York Times, citing finance experts on October 13, 2008, noted that, "A similar effort these days, in proportion to today's economy, would be about $200 billion."
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
But Commerce has said the agency was unaware of the felony record when it hired him in 2020 – first as a regional project manager in southwest Kansas and then as director of economic recovery ...
The U.S. Economic Development Administration (EDA) is an agency in the United States Department of Commerce that provides grants and technical assistance to economically distressed communities in order to generate new employment, help retain existing jobs and stimulate industrial and commercial growth through a variety of investment programs ...
A few years later, as president, Roosevelt asked Congress to set up FERA—which gave grants to the states for the same purpose—in May 1933, and appointed Hopkins to head it. Along with the Civilian Conservation Corps (CCC), it was the first relief operation under the New Deal.
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.
Less than two months after the President's assassination, President Johnson introduces the legislation in his first State of the Union address on January 8, 1964, and two of the major pieces of related legislation – the Economic Opportunity Act of 1964 and the Social Security Act of 1965 – are signed into law on August 20, 1964, and July 30 ...