Economy Project

  • Budget

    U.S. budget deficit hits record $438 billion for year
  • Savings

    Spending cuts and tax increases were made to save money, but resulted in our GDP rising 6 percent from 2009-2012
  • Saving

    Saving
    The "American Recovery and Reinvestment Act of 2009" includes a variety of spending measures and tax cuts intended to promote economic recovery.
  • Leadership

    Leadership
    Obamacare starts and saves medicare millions of dollars.
  • Leadership

    Leadership
    President Obama signed into law an extension of the existing federal income tax cuts and long-term unemployment benefits. The bill also includes a 2% rollback of Social Security payroll taxes.
  • Trade

    Trade
    The United States had a $109.4 billion deficit because the Chinese are making most of our technological products and we are not buying from the U.S.
  • Trade

    Trade
    Obama signs free-trade agreements with South Korea, Colombia, and Panama
  • Budget

    Budget
    The senate decided to have a $1.1 trillion spending bill for this year.