Barack Obama Economic Policy
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Barack Obama Economic Policy
The economic policy of the Barack Obama administration, or "Obamanomics" was characterized by moderate tax increases on higher income Americans, designed to fund health care reform, reduce the federal budget deficit, and decrease income inequality. President Obama's first term (2009–2013) included measures designed to address the Great Recession and subprime mortgage crisis, which began in 2007. These included a major stimulus package, banking regulation, and comprehensive healthcare reform. As the economy improved and job creation continued during his second term (2013–2017), the Bush tax cuts were allowed to expire for the highest income taxpayers and a spending sequester (cap) was implemented, to further reduce the deficit back to typical historical levels. The number of persons without health insurance was reduced by 20 million, reaching a record low level as a percent of the population. By the end of his second term, the number of persons with jobs, real median househ ...
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Health Care Reform
Health care reform is for the most part governmental policy that affects health care delivery in a given place. Health care reform typically attempts to: * Broaden the population that receives health care coverage through either public sector insurance programs or private sector insurance companies * Expand the array of health care providers consumers may choose among * Improve the access to health care specialists * Improve the quality of health care * Give more care to citizens * Decrease the cost of health care United States In the United States, the debate regarding health care reform includes questions of a right to health care, access, fairness, sustainability, quality and amounts spent by government. The mixed public-private health care system in the United States is the most expensive in the world, with health care costing more per person than in any other nation, and a greater portion of gross domestic product ( GDP) is spent on it than in any other United Nations memb ...
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Change In Household Debt - V1
Change or Changing may refer to: Alteration * Impermanence, a difference in a state of affairs at different points in time * Menopause, also referred to as "the change", the permanent cessation of the menstrual period * Metamorphosis, or change, a biological process by which an animal physically develops after birth or hatching * Personal development, or personal change, activities that improve awareness and identity * Social change, an alteration in the social order of a society * Technological change, invention, innovation, and diffusion of technology Organizations and politics * Change 2011, a Finnish political party * Change We Need, a slogan for Barack Obama's 2008 presidential campaign * Change.gov, the transition website for the incoming Obama administration in 2008–2009 * Change.org, a petition website operated by Change.org, Inc. * Communities Helping All Neighbors Gain Empowerment (CHANGE), a civic organization based in Winston-Salem, North Carolina * Movement for ...
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Dodd Frank Tier 1 Ratios
Dodd may refer to: Places *Dodd (Buttermere), a fell near Red Pike in England *Dodd (Lake District), a fell in Cumbria, England *Dodd, Indiana, a community in the United States People *Dodd (surname), people with the surname ''Dodd'' Other uses *Dodd (hill), a British hill categorisation *Dodd, Mead and Company, publishing company * Dodd Hall, a building at Florida State University * Dodd-Frank Street Reform and Consumer Protection Act (Pub.L. 111–203, H.R. 4173), commonly referred to as "Dodd–Frank", a U.S. federal government law passed as a response to the Great Recession See also * DOD (other) * Dodds (other) * Doddy (other) Doddy may refer to: *Doddy Édouard (born 1981), Mauritian footballer *Doddy Gray (1880–1961), New Zealand rugby union player *''Doddy!'', television show by English comedian Ken Dodd See also * *Dod (nickname) Dod or Doddie is a Scottish nickna ...
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CBO - Employment Shortfall - V1
CBO may stand for: * Chief business officer, the top operating strategy executive of a commercial company, or academic/research institution * Chief brand officer, another title for the Chief marketing officer * CBO-FM, a CBC Radio One station in Ottawa, Ontario, Canada * Central Bank of Oman, established in December 1974 and began operations on 1 April 1975 * Combined Bomber Offensive, an Anglo-American offensive of strategic bombing during World War II in Europe * Community-based organization * Congressional Budget Office, United States federal agency responsible for government budget calculations and analyses * Criminal behaviour order, a court order issued in England and Wales designed to change the behaviour of convicts * Central Boycott Office, an agency facilitating the Arab League boycott of Israel * City of Birmingham Orchestra, the original name of the City of Birmingham Symphony Orchestra * Collateralized bond obligation, a type of collateralized debt obligation * Colu ...
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US Employment Statistics
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Ameri ...
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The Atlantic
''The Atlantic'' is an American magazine and multi-platform publisher. It features articles in the fields of politics, foreign affairs, business and the economy, culture and the arts, technology, and science. It was founded in 1857 in Boston, as ''The Atlantic Monthly'', a literary and cultural magazine that published leading writers' commentary on education, the abolition of slavery, and other major political issues of that time. Its founders included Francis H. Underwood and prominent writers Ralph Waldo Emerson, Oliver Wendell Holmes Sr., Henry Wadsworth Longfellow, Harriet Beecher Stowe, and John Greenleaf Whittier. James Russell Lowell was its first editor. In addition, ''The Atlantic Monthly Almanac'' was an annual almanac published for ''Atlantic Monthly'' readers during the 19th and 20th centuries. A change of name was not officially announced when the format first changed from a strict monthly (appearing 12 times a year) to a slightly lower frequency. It was a mo ...
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Fixing America's Surface Transportation Act
The Fixing America's Surface Transportation Act or the FAST Act is a funding and authorization bill to govern United States federal surface transportation spending. It was passed by Congress on December 3, 2015, and President Barack Obama signed it on the following day. The vote was 359–65 in the House of Representatives and 83–16 in the United States Senate. History The bill was introduced to the House by Rodney Davis () as the "Hire More Heroes Act of 2015" on January 6, 2015. The $305 billion, five-year bill is funded without increasing transportation user fees. (The federal gas tax was last raised in 1993.) Instead, funds were generated through changes to passport rules, Federal Reserve Bank dividends, and privatized tax collection. In Section 6021, Congress asked the Transportation Research Board (TRB) to conduct a study of the actions needed to upgrade and restore the Interstate Highway System to fulfill its role as a crucial national asset, serving the needs of ...
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Wealth Inequality In The United States
Wealth inequality in the United States is the unequal distribution of assets among residents of the United States. Wealth commonly includes the values of any homes, automobiles, personal valuables, businesses, savings, and investments, as well as any associated debts. Although different from income inequality, the two are related. Wealth is usually not used for daily expenditures or factored into household budgets, but combined with income, it represents a family's total opportunity to secure stature and a meaningful standard of living, or to pass their class status down to their children. Moreover, wealth provides for both short- and long-term financial security, bestows social prestige, contributes to political power, and can be leveraged to obtain more wealth. Hence, wealth provides mobility and agency—the ability to act. The accumulation of wealth enables a variety of freedoms, and removes limits on life that one might otherwise face. Federal Reserve data indicates that ...
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PBS NewsHour
''PBS NewsHour'' is an American evening television news program broadcast on over 350 PBS member stations. It airs seven nights a week, and is known for its in-depth coverage of issues and current events. Anchored by Judy Woodruff, the program's weekday broadcasts run for one hour and are produced by WETA-TV in Washington, D.C. From August 5, 2013, to November 11, 2016, Woodruff and then-co-anchor Gwen Ifill were the first and only all-female anchor team on a national nightly news program on American broadcast television. On Saturdays and Sundays, PBS distributes a 30-minute edition of the program, ''PBS News Weekend'', anchored by Geoff Bennett (journalist), Geoff Bennett; originally produced in New York City by WNET, production of the weekend broadcasts transferred to WETA in April 2022. The ''PBS NewsHour'' originates from WETA's studio facilities in Arlington County, Virginia; news updates inserted into the weekday broadcasts targeted for the Western United States, on ...
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American Taxpayer Relief Act Of 2012
The American Taxpayer Relief Act of 2012 (ATRA) was enacted and passed by the United States Congress on January 1, 2013, and was signed into law by US President Barack Obama the next day. ATRA gave permanence to the lower rates of much of the "Bush tax cuts". The Act centers on a partial resolution to the US fiscal cliff by addressing the expiration of certain provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003 (known together as the " Bush tax cuts"), which had been temporarily extended by the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The Act also addressed the activation of the Budget Control Act of 2011's budget sequestration provisions. A compromise measure, the Act gives permanence to the lower rate of much of the Bush tax cuts, while retaining the higher tax rate at upper income levels that became effective on January 1 due to the expiration of ...
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Great Society
The Great Society was a set of domestic programs in the United States launched by Democratic President Lyndon B. Johnson in 1964–65. The term was first coined during a 1964 commencement address by President Lyndon B. Johnson at the University of Michigan and came to represent his domestic agenda. The main goal was the total elimination of poverty and racial injustice. New major federal programs that addressed education, medical care, urban problems, rural poverty, and transportation were launched during this period. The program and its initiatives were subsequently promoted by him and fellow Democrats in Congress in the 1960s and years following. The Great Society in scope and sweep resembled the New Deal domestic agenda of Franklin D. Roosevelt. Some Great Society proposals were stalled initiatives from John F. Kennedy's New Frontier. Johnson's success depended on his skills of persuasion, coupled with the Democratic landslide victory in the 1964 elections that bro ...
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