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Tax Relief In The American Recovery And Reinvestment Act Of 2009, Steven Gassert
Tax Relief In The American Recovery And Reinvestment Act Of 2009, Steven Gassert
Legislation and Policy Brief
On February 17, 2009, less than thirty days after his inauguration, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (ARRA). This new law was one of many measures from the new administration designed to quickly stimulate the ailing American economy. The $789 billion package was divided between direct government spending, tax reductions and financial relief to states and individuals. The bill contains $285.6 billion in tax reductions, which is about 36.3% of the legislation. In this article, I will analyze some of the tax provisions that were written into ARRA, and attempt to assess their …
Comments Of 71 Concerned Economists: Using Procurement Auctions To Allocate Broadband Stimulus Grants, Jonathan Baker, William Baumol, Kenneth Arrow, Susan Athey, Coleman Bazelon, Timothy Brennan, Timothy Bresnahan, Jeremy Bulow, Yeon-Koo Che, Peter Cramton, Daniel Ackerberg, James Alleman, Gregory Crawford, Peter Demarzo, Gerald Faulhaber, Jeremy Fox, Ian Gale, Jacob Goeree, Brent Goldfarb, Shane Greenstein, Robert Hahn, Robert Hall, Ward Hanson, Barry Harris, Robert Harris, Janice Hauge, Jerry Hausman, Thomas Hazlett, Kenneth Hendricks, Heather Hudson, Mark Jamison, John Kagel, Alfred Kahn, Ilan Kremer, Vijay Krishna, William Lehr, Thomas Lenard, Jonathan Levin, Yuanchuan Lien, John Mayo, David Mcadams, Paul Milgrom, Roger Noll, Bruce Owen, Charles Plott, Robert Porter, Philip Reny, Michael Riordan, David Salant, Scott Savage, William Samuelson, Richard Schmalensee, Marius Schwartz, Andrzej Skrzypacz, Vernon Smith, Daniel Vincent, Joel Waldfogel, Scott Wallsten, Robert Weber, Bradley Wimmer, Glenn Woroch, Lixin Ye, John Hayes, Gregory Rosston
Comments Of 71 Concerned Economists: Using Procurement Auctions To Allocate Broadband Stimulus Grants, Jonathan Baker, William Baumol, Kenneth Arrow, Susan Athey, Coleman Bazelon, Timothy Brennan, Timothy Bresnahan, Jeremy Bulow, Yeon-Koo Che, Peter Cramton, Daniel Ackerberg, James Alleman, Gregory Crawford, Peter Demarzo, Gerald Faulhaber, Jeremy Fox, Ian Gale, Jacob Goeree, Brent Goldfarb, Shane Greenstein, Robert Hahn, Robert Hall, Ward Hanson, Barry Harris, Robert Harris, Janice Hauge, Jerry Hausman, Thomas Hazlett, Kenneth Hendricks, Heather Hudson, Mark Jamison, John Kagel, Alfred Kahn, Ilan Kremer, Vijay Krishna, William Lehr, Thomas Lenard, Jonathan Levin, Yuanchuan Lien, John Mayo, David Mcadams, Paul Milgrom, Roger Noll, Bruce Owen, Charles Plott, Robert Porter, Philip Reny, Michael Riordan, David Salant, Scott Savage, William Samuelson, Richard Schmalensee, Marius Schwartz, Andrzej Skrzypacz, Vernon Smith, Daniel Vincent, Joel Waldfogel, Scott Wallsten, Robert Weber, Bradley Wimmer, Glenn Woroch, Lixin Ye, John Hayes, Gregory Rosston
Congressional and Other Testimony
The signatories to this document are economists who have studied telecommunications, auctions, and competition policy. While we may disagree about the stimulus package, we believe that it is important to implement mechanisms that make stimulus spending as efficient as possible. To that end, we have come together to encourage the National Telecommunications Information Agency (NTIA) and Rural Utilities Service (RUS) to adopt auction mechanisms to allocate broadband stimulus grants.The broadband stimulus NOI asks which mechanisms NTIA and RUS should use to distribute grants and how those mechanisms address shortcomings in traditional grant and loan programs. In this note we explain …