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The fiscal year 2009 budget describes Federal government revenue and spending for October 1, 2008, through September 30, 2009. The Bush Administration submitted it to Congress in February 2008, right on schedule, but Congress stated it was dead on arrival. Why? It was the first budget to propose spending more than $3 trillion, it underfunded the War on Terror, and its revenue projections ignored the warning signs of recession.
As a result, it wasn't signed until President Obama took office in 2009. At the end of FY 2008 (September 30, 2008), President Bush and Congress signed a Continuing Resolution to fund the government for another six months. As a result, the newly-elected President Obama passed the FY 2009 budget, folding in $253 billion in expenses for the Economic Stimulus Act.
" President Obama passed the FY 2009 budget, folding in $253 billion in expenses for the Economic Stimulus Act."
that is just about the only thing Obama changed in Bush's budget
and here read how it turned out
Obama Economic Stimulus Package: How ARRA Worked
How It Worked
ARRA had three spending categories. It cut taxes by $288 billion. It spent $224 billion in extended unemployment benefits, education, and health care. It created jobs by allocating $275 billion in federal contracts, grants, and loans.
Congress designed the Act to spend $720 billion, or 91.5 percent, in its first three fiscal years. It allocated $185 billion in FY 2009, $400 billion in FY 2010 and $135 billion in FY 2011.
The Obama administration did better than planned. By the end of FY 2009, it spent $179 billion according to a 2015 report by the Congressional Budget Office. Of that, $68 billion went toward tax relief and credits. Another was spent on $34 billion in health services and $21 billion on education. It also spent $28 billion in unemployment compensation and $13 billion in extra Social Security and veterans' checks.
The CBO published its final ARRA report in 2015. It estimated the total impact on the deficit would be $836 billion by 2019. As of fiscal year 2014, ARRA had added $827 billion to the deficit. Of that, $303 billion went toward tax relief and credits. Another $141 billion was spent on health services and $97 billion on education. It spent $64 billion on unemployment compensation, and $48 billion on the Supplemental Nutrition Assistance Program.
In a 2009 report, the CBO projected ARRA would stimulate gross domestic product by 1.4 percent to 3.8 percent for the fourth quarter in 2009. The stimulus was successful in 2009 GDP. The economy grew 1.5 percent in the third quarter and 4.5 percent in the fourth quarter. That's a big improvement over the first quarter's 4.4 percent drop and the second quarter's 0.6 percent decline.
In 2009, the CBO predicted that ARRA would increase employment by 7 million full-time jobs by the end of 2012. In 2015, it estimated the stimulus created between 2 million and 10.9 million jobs. Most of the increase occurred by 2011.
have a nice day