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The First New Deal (1933–1934) dealt with the pressing banking crisis through the Emergency Banking Act and the 1933 Banking Act.The Federal Emergency Relief Administration (FERA) provided US$500 million (equivalent to $11.8 billion in 2023) for relief operations by states and cities, and the short-lived CWA gave locals money to operate make-work projects from 1933 to 1934. [2]
The Public Works Administration (PWA), part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. It built large-scale public works such as dams ...
The Living New Deal is a research project and online public archive documenting the scope and impact of the New Deal on American lives and the national landscape. [1] The project focuses on public works programs, which put millions of unemployed to work, saved families from destitution, and renovated the infrastructure of the United States.
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New York's budget outlook for 2024 ... officials estimated the state might have a $9.1 billion budget deficit to close in 2024 if the economy worsened and tax revenue shrank — a daunting gap ...
The first term of the presidency of Franklin D. Roosevelt began on March 4, 1933, when he was inaugurated as the 32nd president of the United States, and the second term of his presidency ended on January 20, 1941, with his inauguration to a third term. Roosevelt, the Democratic governor of the largest state, New York, took office after ...
Revenue Act of 1964. The United States Revenue Act of 1964 (Pub. L. 88–272), also known as the Tax Reduction Act, was a tax cut act proposed by President John F. Kennedy, passed by the 88th United States Congress, and signed into law by President Lyndon B. Johnson. The act became law on February 26, 1964.
Tax cuts and deficit spending boost demand As president, Trump signed into law tax cuts for corporations and individuals that that the Congressional Budget Office estimated would cost $1.9 ...