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It is going to be repaid by future generations. Whenever the government spends money it doesn't have, it is essentially borrowing on the future. It has been the thought that we can just spend whatever we want that has gotten us to have a nice 10+ trillion dollar debt!
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoNot in your lifetime.
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What does a stimulus package mean in the US?
The term of stimulus package is often used in the US to describe a series of laws and regulations designed to create accelerate economic growth. Growth includes higher levels of industrial production and a lower rate of unemployment. There are various ways to stimulate growth in the US economy. Generally speaking, the US president will propose a stimulus package that reduces taxes both on business and on ordinary citizens. In order to add to the growth of US energy resources, the package may, for a period of time, reduce various regulations that allow for stronger economic expansion in oil drilling, coal production, and fracking for natural gas. The "package" will have a time limit and adjustments may be made if not enough growth is produced or unemployment is not lowered. The package is also designed to produce an increase in jobs. Stimulus packages come in many forms. The ones just described are common ones.
How big is the stimulus package?
The initial bailout plan was for nearly $700 billion. The latest stimulus package is another $250 billion The aim of the bailout plans, stimulus packages etc are to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets. Below are some reasons for such packages: 1. To Stabilize the economy 2. Improve Liquidity 3. Improve Investor Confidence 4. Reduce the impact of the financial crisis on the US Economy and GDP.
When the second stimulus checks be mailed out?
No such thing
When is the last day to file for the stimulus checks?
You MUST file (postmarked) no later than October 15th to qualify for the economic stimulus check.
When did the US government last issue a stimulus check to Americans?
never
How do you use the word stimulus in a sentence?
The stimulus package in the US has increased spending.
What is the us stimulus package?
its a $787 billion package that is suppost to help boost the econony, bail out buisnesss and help the unimploied
What does a stimulus package mean in the US?
The term of stimulus package is often used in the US to describe a series of laws and regulations designed to create accelerate economic growth. Growth includes higher levels of industrial production and a lower rate of unemployment. There are various ways to stimulate growth in the US economy. Generally speaking, the US president will propose a stimulus package that reduces taxes both on business and on ordinary citizens. In order to add to the growth of US energy resources, the package may, for a period of time, reduce various regulations that allow for stronger economic expansion in oil drilling, coal production, and fracking for natural gas. The "package" will have a time limit and adjustments may be made if not enough growth is produced or unemployment is not lowered. The package is also designed to produce an increase in jobs. Stimulus packages come in many forms. The ones just described are common ones.
Where will the US get the money for the stimulus package?
Unless new or increased taxes are put into law, the money will have to be borrowed by issuing government bonds.
Can a company restrict hiring to US citizens only?
Not only can they, but companies receiving money from the 2008/09 Stimulus Package MUST hire US citizens if they have laid off US citizens.
How many us stamps do you put on 5 ounce package?
Depends where it's going to
Is cold temperature a stimulus?
Yes, but since it is a naturally-occuring stimulus, it would be classified as an unconditional stimulus (US).
When the second stimulus checks be mailed out?
No such thing
How big is the stimulus package?
The initial bailout plan was for nearly $700 billion. The latest stimulus package is another $250 billion The aim of the bailout plans, stimulus packages etc are to purchase bad assets, reduce uncertainty regarding the worth of the remaining assets, and restore confidence in the credit markets. Below are some reasons for such packages: 1. To Stabilize the economy 2. Improve Liquidity 3. Improve Investor Confidence 4. Reduce the impact of the financial crisis on the US Economy and GDP.
With the trump doctrine the US promised?
Us a stimulus check
How long does it take for a package coming from Oklahoma to arrive in Texas?
that depends on how the package was sent if its US postal service and in the US only going over one state boundary no more than 4-5 days
What is the works progress administration program?
It was a federally funded jobs stimulus package during the Great Depression of the 1030s that provided work for thousands of unemployed Americans at a time when one-third of the US work force lacked jobs.
