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Economic decline observed in world markets
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Present Bush signs the economic stimulus act of 2008, intended to bost economy and avoid another recession
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House rejects the bailout plan causing the DOW to plunge 777 points in trade
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Obama passes the American Recovery and Reinvestment Act to help lay a new foundation for new economic growth. Debt rises to 11 trillion
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Aimed at preventing the risky behavior and regulatory failures that brought the economy to the brinks of collapse and cost millions of Americans their jobs.
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Expands medicaid to millions of low-income Americans
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Congress votes to increase the Debt ceiling, which allows us to have more debt
