USA HISTORY

THE RISE OF POLITICAL CONSERVATISM 1980 1992

PRESIDENT GEORGE HW BUSH

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In February 2009, President Obama signed the American Recovery and Reinvestment Act (ARRA), which aimed to?
A
Stimulate the economy through tax cuts and federal funding.
B
Reform the health care system and energy policies to reduce pollution
C
Reduce the deficit through various tax increases and budget cuts
D
Help American taxpayers by Federal government providing an economic stimulus relief that issued rebate checks.
Explanation: 

Detailed explanation-1: -The American Recovery and Reinvestment Act of 2009 was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century.

Detailed explanation-2: -The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation’s infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need."

Detailed explanation-3: -The American Recovery and Reinvestment Act (ARRA), signed into law by President Obama on Feb. 19, is designed to jumpstart the U.S. economy, create or save millions of jobs and address national needs-while supporting unprecedented levels of transparency, oversight and accountability.

Detailed explanation-4: -The American Recovery and Reinvestment Act (ARRA) of 2009, which is commonly known as the “stimulus, ” was aimed at: reducing unemployment by increasing total expenditures.

There is 1 question to complete.