Which of the following were part of the American Recovery and Reinvestment Act?

Question

Multiple select question.

Tax rebates in the form of small increases in workers' monthly payroll checks

Tax increases for high income earners

Tax rebates in the form of a single lump-sum check

Increases in expenditures on infrastructure and education

Answer 1

The American Recovery and Reinvestment Act (ARRA) of 2009 included the following elements:

1. Tax rebates in the form of small increases in workers' monthly payroll checks - This was part of the act, known as the Making Work Pay tax credit.

2. Tax rebates in the form of a single lump-sum check - The ARRA included provisions for a one-time payment to taxpayers.

3. Increases in expenditures on infrastructure and education - ARRA invested heavily in various sectors, including infrastructure projects and education funding.

However, Tax increases for high income earners were not part of the ARRA; in fact, the act aimed to stimulate the economy through tax cuts and spending rather than increasing taxes.

So the correct options that were part of the ARRA are:

• Tax rebates in the form of small increases in workers' monthly payroll checks
• Tax rebates in the form of a single lump-sum check
• Increases in expenditures on infrastructure and education