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The Housing Market Crash of 2007
Budget The housing market had peaked in 2006 and was beginning to see signs of trouble. Once the credit markets froze, in the summer of 2007, things deteriorated rapidly. Subprime credit stopped completely and interest rates for credit and borrowing rose dramatically. This is a result. -
The American Recovery and Reinvestment Act
Leadership This was a stimulus package signed by President Barack Obama and Congress. The ARRA attempted to create and save tons of jobs and spur the economy through tax cuts and government funding. This is fiscal. -
Haiti was hit by its worst earthquake in 200 years
Savings It killed 316,000 people. An Inter-American Development Bank study estimated that the total cost of the disaster was up to $14 billion. The global markets did not take a big hit on the day of the quake. The Dow actually finished the day slightly higher. This is Monetary. -
Iraq: Reconstruction and Rehabilitation in Conflict-Affected Cities
Budget The United States approved of a $350 million financial package to be sent. In its first year, the project is meant to support the repair and reconstruction of damaged power, water and sanitation networks as well roads and bridges. It will improve healthcare services by supporting mobile hospitals and clinics, medical equipment and ambulances. Fiscal. -
Here's How Much the United States Spends on Refugees
Budget $948 million in fiscal 2015 is spent by the government each year to provide refugees with medical services, job and language training. They also give them a little amount of spending cash (Usually 1000 dollars). This is fiscal. -
President Obama signs massive spending bill, tax measures into law
Budget President Obama signs a federal fiscal package that consists of a $1.1 trillion budget measure to fund federal government agencies through fiscal year 2016 and a $650 billion tax package that renews, for the next ten years, various tax breaks for businesses and low-income workers. This is fiscal.
