Excerpt
One year ago, Congress enacted the $787 billion American Recovery and Reinvestment Act to shore up an economy deep in recession stemming from the 2008 banking collapse. Despite President Barack Obama’s attempts to win bipartisan support for the package of spending on education, infrastructure, and other assistance to spur hiring and help people who were out of work, the bill garnered almost no Republican congressional support.
By the end of 2009, however, the program appeared to have succeeded in putting the country on the path toward economic recovery. Data released by the Administration showed that the Re…
In This Issue
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Legislative Background on the Jobs Bill
Recent Action in Congress
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Recession Job Loss and Creation
Measuring the Impact of the Economic Downturn
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Current Employment Situation
Bureau of Labor Statistics Report
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Foreword: Job Creation
Seeking Bipartisan Solutions to Put People Back to Work
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Jobs and the Recovery Act
Government Accountability Office Analysis
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Jobs for Main Street Act Summary
Major Provisions of H.R. 2847
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State of the Union Address
President Obama says, "We Must Answer History's Call"
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Pro & Con
Should the House Pass H.R. 2847, the Jobs for Main Street Act?