Saturday, May 4, 2013

Economic Stimulus Plan (February 17,2009)

          The Economic Stimulus Plan was President Obama's first act to aid our economy. This package was approved by the Congress and was worth $787 billion to jump-start the U.S. economy. It gave $288 billion in tax cuts, $224 billion to aid unemployment benefits, education and health care, and $275 billion to aid creations of jobs by using federal contracts, grants, and loans. This was a plan for 10 years. Economic Stimulus Plan was created to help our economy grow back since the recession. Although lots of experts doubt it, this plan was very successful in helping our economy grow. Not only that it was successful, but it was over successful in stimulating our economy, proven by the stock market and economic stimulators.







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