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  2. Government incentives for plug-in electric vehicles - Wikipedia

    These granted tax credits on PEV vehicles will phase out once 200,000 plug-in vehicles are sold by each manufacturer in the U.S. During this phase out period after 200,000 plug-in car sales, qualified producers will experience a drop in a tax credit of $7,500 to $3,750 for the next 6 months followed by a drop to $1,875 for another 6 months ...

  3. Bobby Jindal - Wikipedia

    On June 30, 2008, Jindal reversed his earlier position by vetoing the pay raise legislation, stating that he made a mistake by staying out of the pay raise issue. In response, the petitioners dropped their recall effort. Standard and Poor's raised Louisiana's bond rating and credit outlook from stable to positive in 2009. In announcing this ...

  4. Economic policy of the Donald Trump administration - Wikipedia

    Working people saw no discernible wage increase due to the Tax Act. The tight labor market and higher state-level minimum wages can explain the wage growth in 2018. The Tax Act has not increased business investment, with the small increase in 2018 a "natural bounceback" from a weak 2015–2016, and a sizable decline in 2019.

  5. European debt crisis - Wikipedia

    The eurozone crisis resulted from the structural problem of the eurozone and a combination of complex factors. There is a consensus that the root of the eurozone crisis lay in a balance-of-payments crisis (a sudden stop of foreign capital into countries that were dependent on foreign lending), and that this crisis was worsened by the fact that states could not resort to devaluation (reductions ...

  6. Great Recession - Wikipedia

    On February 17, 2009, U.S. President Barack Obama signed the American Recovery and Reinvestment Act of 2009, an $787 billion stimulus package with a broad spectrum of spending and tax cuts. Over $75 billion of the package was specifically allocated to programs which help struggling homeowners.

  7. Social Security debate in the United States - Wikipedia

    Payroll tax rates were cut during 2011 and 2012 as a stimulus measure; these cuts expired at the end of 2012. The Social Security Trustees estimated the amounts at $222 billion total; $108 billion in 2011 and $114 billion in 2012. Transfers of other government funds made the program "whole" as if these tax cuts had not occurred.

  8. Economic impact of the COVID-19 pandemic in India - Wikipedia

    By July 2020, a number of economic indicators showed signs of rebound and recovery. On 12 October and 12 November, the government announced two more economic stimulus package, bringing the total economic stimulus to ₹ 29.87 lakh crore (US$370 billion). By December 2021, India was back to pre-COVID-19 growth.

  9. Economy of the European Union - Wikipedia

    The EU has a long-term budget, named Multiannual Financial Framework. Next Generation EU, to support member states hit by the COVID-19 pandemic.. Sectors Services. The services sector is by far the most important sector in the European Union, making up 74.7% of GDP, compared to the manufacturing industry with 23.8% of GDP and agriculture with only 1.5% of GDP.. Financial services are well ...