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The main funding differences between the Senate bill and the House bill were: More funds for health care in the Senate ($153.3 vs $140 billion), renewable energy programs ($74 vs. $39.4 billion), for home buyers tax credit ($35.5 vs. $2.6 billion), new payments to the elderly and a one-year increase in AMT limits.
President Obama today announced a plan to help thaw the credit markets for small businesses by having the government spend $15 billion on securities backed by loans funding these enterprises.
The Jumpstart Our Business Startups Act, or JOBS Act, is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations. It passed with bipartisan support, and was signed into law by President Barack Obama on April 5, 2012.
Although the Obama Administration pioneered the Office of Social Innovation, the model has been replicated by other governments in the US and around the world. US Cities: Boston: Office of New Urban Mechanics; New York City: Mayor Bloomberg's Center for Economic Opportunity; Philadelphia: Philadelphia Mayor Office of New Urban Mechanics; US States:
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.
Tonight, President Barack Obama will stand in the House of Representatives chamber to deliver the annual State of the Union address. While we won't know for certain what issues he will raise, a ...