The Resource Economic Stimulus : Issues and Policies

Economic Stimulus : Issues and Policies

Label
Economic Stimulus : Issues and Policies
Title
Economic Stimulus
Title remainder
Issues and Policies
Contributor
Subject
Genre
Language
eng
Summary
Recent policies have sought to contain damages spilling over from housing and financial markets to the broader economy, including monetary policy, which is the responsibility of the Federal Reserve, and fiscal policy, including a tax cut in February 2008 of $150 billion and two extensions of unemployment compensation in June and November of 2008. Over the past few months, the government has also intervened in specific financial markets, including financial assistance to troubled firms and legislation granting authority to the Treasury Department to purchase $700 billion in assets. The broad intervention into the financial markets has been passed to avoid the spread of financial instability into the broader market but there are disadvantages, including leaving the government holding large amounts of mortgage debt. With the worsening performance of the economy beginning in September 2008, Congress passed and President Obama signed a much larger stimulus packages comprised of spending and tax cuts. The American Recovery and Reinvestment Act of 2009 (ARRA, P.L. 111-5), a $787 billion package with $286 billion in tax cuts and the remainder in spending, was signed into law on February 17, 2009. It includes spending for infrastructure, unemployment benefits, and food stamps, revenue sharing with the States, middle class tax cuts, and business tax cuts
Member of
Cataloging source
DTICE
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HeinOnline
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Gravelle, Jane
  • Hungerford, Thomas L
  • Labonte, Marc
http://library.link/vocab/subjectName
  • United States
  • United States
  • Recessions
  • Tax rebates
Target audience
adult
Label
Economic Stimulus : Issues and Policies
Instantiates
Publication
Note
Congressional rept
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
505431358
Extent
1 online resource (25 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
System control number
(OCoLC)505431358
Label
Economic Stimulus : Issues and Policies
Publication
Note
Congressional rept
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
505431358
Extent
1 online resource (25 pages)
Form of item
online
Media category
computer
Media MARC source
rdamedia
Media type code
c
System control number
(OCoLC)505431358

Library Locations

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