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Legislation > Passed > Federal > 2009 Stimulus Bill Add Law\Treaty Content 
  • 2009 Stimulus Bill
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2009 Stimulus Bill :: Federal Law Passed on 2/17/2009
2009 Stimulus Bill
Summary of Positives: Helped jump start the economy and prevent a depression with a $787 billion stimulus package allocated 39% towards tax breaks primarily for the middle class and business, and 61% towards investments primarily in infrastructure, education, and health care.
 

Latest 2009 Stimulus Bill Forum Posts

TopicStarted ByLast Comment ByRepliesViews
GM improves, this idea that so many hated, in hind sight was it a good idea?LLBarry
11/18/2010 8:40:45 PM
Truthseeker
1/7/2011 9:26:29 AM
1458
Tracking Jobs from the Stimulus BillJasonK
8/11/2009 3:22:55 AM
Pulkit
12/24/2009 4:30:07 AM
1489

2009 Stimulus Bill Benefits & Positives


DatePositive Result\BenefitRank
 
04/01/09Deeper recession or depression averted in 2009 and beyond with the help of stimulus bill provisionsMajor Positive BenefitReference
02/17/092010 real GDP increased by about 3.4% due to stimulus spendingMajor Positive BenefitReference
04/01/09Approximately 2.7 million jobs added to US payrolls and unemployment rate kept 1½ percentage points lower due to Stimulus spendingMajor Positive BenefitReference
02/17/09Tax credit of $400 per worker ($800 per couple) for middle income workers for 2009 & 2010 totaling $116 billionMajor Positive BenefitReference
02/17/09$82.2 billion in aid for low income workers, unemployed and retirees (including job training)Major Positive BenefitReference
02/17/09$70 billion in tax relief for middle class workers by patching the Alternative Minimum Tax for one yearMajor Positive BenefitReference
02/17/09$155 billion in health care assistance for the poor & unemployed primarily for Medicaid, health information technology and insurance premium subsidies Major Positive BenefitReference
02/17/09$100 billion in education aid to prevent lay-offs, modernize schools, award Pell grants and help low income children & special education programsMajor Positive BenefitReference
02/17/09$48.1 billion in investments for highway, bridge, high-speed rail & other transportation projectsMajor Positive BenefitReference

Latest 2009 Stimulus Bill Opinion & News Articles


DateArticleLocationAbout
 
04/17/10U.S. Commits $13 Billion to Aid High-Speed Rail online.wsj.comHigh Speed Rail & 2009 Stimulus BillReference
President Barack Obama on Thursday called for spending at least $13 billion to launch a "new era" of high-speed passenger rail transportation, sparking competition among states and providing a potentially rich new market for rail equipment makers.

Latest Notable Statements by Consevatives About 2009 Stimulus Bill

DateConservativeTypeLocationAbout
 
09/17/10LieFirst Things Blog2009 Stimulus BillReference
Jim Hoft suggested Los Angeles has used the entire $111 million, writing: Another Democratic Success Story...Los Angeles has used $111 million in stimulus cash to create a whopping 55 jobs.
 
 
09/17/10LieFox & Friends2009 Stimulus BillReference
Fox News' Fox & Friends, co-host Steve Doocy announced that the city of Los Angeles has created 54.46 jobs for $111 million. That is $2 million apiece, which co-host Brian Kilmeade said really defines government waste. Co-host Gretchen Carlson added that L.A. should get a failing grade for that job creation record. Doocy then echoed the Ace of Spades post, stating: The good news is, according to the calculations, Los Angeles is going to get 483 million more dollars, which means, at this r
 
 
09/17/10LieAmericas NewsroomVideoReference
Bill Hemmer noted that the Los Angeles controller stated that 55 jobs have been created with the $111 million in stimulus it has received so far and claimed, That's 2 million per job. Co-host Martha MacCallum described the report as shocking and added: I'd rather take the $2 million, probably, than the salary for the job. During the subsequent segment with Fox Business host Stuart Varney, Hemmer claimed that the L.A. Department of Public Works spent $70 million in stimulus funds; they cre
 
 
09/17/10Bill O'ReillyLieThe OReilly FactorReference
Bill O'Reilly
O'Reilly echoes myth that L.A. spent $2 million in stimulus per job created
 
 
09/16/10LieAce of Spades Blog2009 Stimulus BillReference
In a September 16 post, Ace of Spades blogger Gabriel Malor quoted from the audit and stated that Los Angeles created 54 and a half jobs. That's it. Out of $111 million. He then added that for damn sure they were misspent and suggested that each job cost roughly $2.02 million, stating great news, sportsfans. Los Angeles has another $483 million in spendulus funds coming its way. At the present rate that's a whole 239.3 jobs!
 
 
08/17/10Glenn BeckNegativityGlenn Beck TV ProgramUnemployed, 2009 Stimulus Bill & JobsVideoReference
Glenn Beck
Saying that 99ers, Umemployed Americans should be ashamed to be called americans
 
 
08/08/10Liz CheneyLieReference
Liz Cheney
Liz Cheney spread the myth that the stimulus bill has not worked to mitigate job losses. In fact, many independent and private analysts have agreed that stimulus spending significantly raised employment over what would have happened without it.
 
 
07/30/10Stuart VarneyLieFox & FriendsReference
Stuart Varney
Stuart Varney argued that it is inaccurate to attribute the recession to President Bush and claimed that President Obama's policies have not fixed that ongoing recession. In reality, Obama's policies have created growth in the GDP and the Dow Jones Industrial Average, while turning around the increases in joblessness that began under Bush.In reality, the economic recession started before Obama came to office and Real GDP has greatly increased during Obama's presidency.
 
 

 
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