Monday marks five years since Stimulus Bill became law

MGN Online
Monday, February 17, 2014 - 12:02pm

Today (Monday) marks five years since The Stimulus Act was signed into law. President Obama signed the bill just weeks after he took office.

The American Recovery and Reinvestment Act of 2009 was designed to respond to a severe recession and skyrocketing unemployment. It came at a price tag of around 830-billion dollars and received little republican support.

The Republican National Committee was quick to criticize the law again Monday, sending out an e-mail calling it a "waste of taxpayer dollars." Vice President Joe Biden is expected to mark the anniversary of the stimulus in a speech Wednesday in Granite City, Illinois


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