Early in Obama's first term, he pushed through Congress a "stimulus" package amounting to nearly $800 billion in new government spending. It was the largest single spending appropriation in American history. For which of the following areas was the money earmarked?

Question

History

Marco Hammond

14 November, 14:35

Early in Obama's first term, he pushed through Congress a "stimulus" package amounting to nearly $800 billion in new government spending. It was the largest single spending appropriation in American history. For which of the following areas was the money earmarked?

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Answers (1)

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Cale Schultz · Answer 1

Oil exploration and pipelines

Explanation:

This historic appropriation was not invested in oil exploration and pipelines. In Obama first term, 2008, he originated the economic stimulus package, that ended the great recession. This package involved categories such as unemployment benefits, education and healthcare but it did not include expenditure on oil.