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2009 Stimulus
The American Recovery and Reinvestment Act of 2009 (ARRA) (), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save existing jobs and create new ones as soon as possible. Other objectives were to provide temporary relief programs for those most affected by the recession and invest in infrastructure, education, health, and renewable energy. The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019. The ARRA's rationale was based on the Keynesian economic theory that, during recessions, the government should offset the decrease in private spending with an increase in public spending in order to save jobs and stop further economic deterioration. The politics around the stimulus wer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Policy Act Of 2005
The Energy Policy Act of 2005 () is a federal law signed by President George W. Bush on August 8, 2005, at Sandia National Laboratories in Albuquerque, New Mexico. The act, described by proponents as an attempt to combat growing energy problems, changed US energy policy by providing Energy subsidies#Allocation of subsidies in the United States, tax incentives and loan guarantees for energy production of various types. The most consequential aspect of the law was to greatly increase ethanol production to be blended with gasoline. The law also repealed the Public Utility Holding Company Act of 1935, effective February 2006. Provisions General provisions * the Act increases the amount of biofuel (usually ethanol) that must be mixed with gasoline sold in the United States to by 2006, by 2009 and by 2012; two years later, the Energy Independence and Security Act of 2007 extended the target to by 2022. * Under an amendment in the American Recovery and Reinvestment Act of 2009, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freedom Act Of 2009
Freedom is understood as either having the ability to act or change without constraint or to possess the power and resources to fulfill one's purposes unhindered. Freedom is often associated with liberty and autonomy in the sense of "giving oneself their own laws", and with having rights and the civil liberties with which to exercise them without undue interference by the state. Frequently discussed kinds of political freedom include freedom of assembly, freedom of association, freedom of choice, and freedom of speech. In one definition, something is "free" if it can change easily and is not constrained in its present state. In philosophy and religion, freedom is sometimes associated with free will, without undue or unjust constraints on that will, such as enslavement. It is an idea closely tied with the concept of negative liberty. Charles Taylor resolves one of the issues that separate "positive" and "negative" theories of freedom, as these were initially distinguished in Isa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Minimum Tax
The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. An alternative minimum taxable income (AMTI) is calculated by taking the ordinary income and adding disallowed items and credits such as state and local tax deductions, interest on private-activity municipal bonds, the bargain element of incentive stock options, foreign tax credits, and home equity loan interest deductions. This broadens the base of taxable items. Many deductions, such as mortgage home loan interest and charitable deductions, are still allowed under AMT. The AMT is then imposed on this AMTI at a rate of 26% or 28%, with a much higher exemption than the regular income tax. The Tax Cuts and Jobs Act of 2017 (TCJA) reduced the fracti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Caucus Of The United States Senate
The Democratic Caucus of the United States Senate, sometimes referred to as the Democratic Conference, is the formal organization of all senators who are part of the Democratic Party in the United States Senate. For the makeup of the 117th Congress, the caucus additionally includes three independent senators (Bernie Sanders of Vermont, Angus King of Maine, and Kyrsten Sinema of Arizona) who caucus with the Democrats, bringing the current total to 50 members. The central organizational front for Democrats in the Senate, its primary function is communicating the party's message to all of its members under a single banner. The present chair of the Senate Democratic Caucus is Chuck Schumer of New York. Current leadership Effective with the start of the 116th Congress, the conference leadership is as follows: * Caucus Chair: Senate Majority Leader Chuck Schumer (New York) * Senate Majority Whip: Dick Durbin (Illinois) * Assistant Leader: Patty Murray (Washington) *Caucus Vice Chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent (politician)
An independent or non-partisan politician is a politician not affiliated with any political party or bureaucratic association. There are numerous reasons why someone may stand for office as an independent. Some politicians have political views that do not align with the platforms of any political party, and therefore choose not to affiliate with them. Some independent politicians may be associated with a party, perhaps as former members of it, or else have views that align with it, but choose not to stand in its name, or are unable to do so because the party in question has selected another candidate. Others may belong to or support a political party at the national level but believe they should not formally represent it (and thus be subject to its policies) at another level. In running for public office, independents sometimes choose to form a party or alliance with other independents, and may formally register their party or alliance. Even where the word "independent" is used, s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joe Lieberman
Joseph Isadore Lieberman (; born February 24, 1942) is an American politician, lobbyist, and attorney who served as a United States Senate, United States senator from Connecticut from 1989 to 2013. A former member of the Democratic Party (United States), Democratic Party, he was its nominee for Vice President of the United States in the 2000 United States presidential election, 2000 election. During his final term in office, he was officially listed as an independent Democrat and caucused with and chaired committees for the Democratic Party. Lieberman was elected as a "Reform Democrat" in 1970 to the Connecticut Senate, where he served three terms as Majority Leader. After an unsuccessful bid for the United States House of Representatives, U.S. House of Representatives in 1980, he served as Connecticut Attorney General, state Attorney General from 1983 to 1989. He narrowly defeated Republican Party (United States), Republican incumbent Lowell P. Weicker, Jr., Lowell Weicker in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Majority Leader Of The United States Senate
The positions of majority leader and minority leader are held by two United States senators and members of the party leadership of the United States Senate. They serve as the chief spokespersons for their respective political parties holding the majority and the minority in the United States Senate. They are each elected as majority leader and minority leader by the senators of their party caucuses: the Senate Democratic Caucus and the Senate Republican Conference. By Senate precedent, the presiding officer gives the majority leader priority in obtaining recognition to speak on the floor of the Senate. The majority leader serves as the chief representative of their party in the Senate, and is considered the most powerful member of the Senate. They also serve as the chief representative of their party in the entire Congress if the House of Representatives, and thus the office of the speaker of the House, is controlled by the opposition party. The Senate's executive and legislat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Reid
Harry Mason Reid Jr. (; December 2, 1939 – December 28, 2021) was an American lawyer and politician who served as a United States senator from Nevada from 1987 to 2017. He led the Senate Democratic Caucus from 2005 to 2017 and was the Senate Majority Leader from 2007 to 2015. After earning an undergraduate degree from Utah State University and a law degree from George Washington University, Reid began his public career as the city attorney for Henderson, Nevada, before being elected to the Nevada Assembly in 1968. Gubernatorial candidate Mike O'Callaghan, Reid's former boxing coach, chose Reid as his running mate in 1970; following their victory Reid served as the 25th lieutenant governor of Nevada from 1971 to 1975. After being defeated in races for the United States Senate and mayor of Las Vegas, Reid served as chairman of the Nevada Gaming Commission from 1977 to 1981. From 1983 to 1987, Reid represented Nevada's 1st district in the United States House of Representa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nancy Pelosi
Nancy Patricia Pelosi (; ; born March 26, 1940) is an American politician who has served as Speaker of the United States House of Representatives since 2019 and previously from 2007 to 2011. She has represented in the United States House of Representatives since 1987. The district, numbered as the 5th district from 1987 to 1993 and the 8th from 1993 to 2013, includes most of the city of San Francisco. A member of the Democratic Party (United States), Democratic Party, Pelosi is the first woman elected Speaker and the first woman to lead a major political party in either chamber of United States Congress, Congress. Pelosi was born and raised in Baltimore, the daughter of mayor and congressman Thomas D'Alesandro Jr., Thomas D'Alesandro. She graduated from Trinity Washington University, Trinity College, Washington in 1962 and married businessman Paul Pelosi the next year; the two had met while both were students. They moved to New York City before settling down in San Francisco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Speaker Of The United States House Of Representatives
The speaker of the United States House of Representatives, commonly known as the speaker of the House, is the presiding officer of the United States House of Representatives. The office was established in 1789 by Article I, Section 2 of the U.S. Constitution. The speaker is the political and parliamentary leader of the House and is simultaneously its presiding officer, ''de facto'' leader of the body's majority party, and the institution's administrative head. Speakers also perform various other administrative and procedural functions. Given these several roles and responsibilities, the speaker usually does not personally preside over debates. That duty is instead delegated to members of the House from the majority party. Nor does the speaker regularly participate in floor debates. The Constitution does not require the speaker to be an incumbent member of the House of Representatives, although every speaker thus far has been. The speaker is second in the United States president ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recovery Accountability And Transparency Board Logo (USA)
Recovery or Recover may refer to: Arts and entertainment Books * ''Recovery'' (novel), a Star Wars e-book * Recovery Version, a translation of the Bible with footnotes published by Living Stream Ministry Film and television * ''Recovery'' (film), a 2007 BBC television drama * ''Recovery'' (TV series), a 1996 television series from ABC TV * "Recovery" (''NCIS''), a 2012 episode of the tenth season of ''NCIS'' * "Recovery", a 2013 episode of the fifth season of '' NCIS: Los Angeles'' Music * Recover (band), a post-hardcore band from Austin, Texas Albums and EPs * ''Recover'', 2007 EP by Florida band Automatic Loveletter * '' Recover, Vol. 1'', 2016 EP by Amy Lee * ''Recovery'' (ApologetiX album), a 2009 album by ApologetiX * ''Recovery ( Algebra Blessett album)'', a 2014 album from singer Algebra * ''Recover'' (Confide album), a 2010 album by American metalcore band Confide * ''Recovery'' (Eminem album), a 2010 Grammy-winning album by Eminem and best-selling album of 2010 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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