how much did obama donate in 2007

How much did Barack Obama donate to charity in 2007?

Barack Obama and his wife donated $240,000 to charity in 2007. In addition to all that money, he has also donated all of his Nobel Peace Prize money, a whopping $1.4 million, to charity.

How much did the Obamas give away during their presidency?

Feb 06, 2017 · Obama Donated Over $1 Million To Charity As President. Here's Where The Money Went

How much money has Barack Obama made from his books?

Feb 10, 2017 · In addition, Obama donated money in the wake of tragedies, including the Boston bombing in 2013 ($2,000 to a fund that helped families affected by the bombing), the Sandy Hook shooting in 2012 ...

Did Obama admin give Wuhan laboratory a $3 million grant?

Mar 26, 2008 · Although the campaign has not released the couple’s 2007 return, it has said the Obamas gave $240,000 to charity in 2007. This compares with charitable donations as low as $1,050 a few years ago.

How Did Obama Help The Recession?

On February 17, 2009, Obama signed into law the American Recovery and Reinvestment Act of 2009, a $831 billion economic stimulus package aimed at helping the economy recover from the deepening worldwide recession.

What did the government do to help the recession of 2008?

Congress passed TARP to allow the U.S. Treasury to enact a massive bailout program for troubled banks. The aim was to prevent both a national and global economic crisis. ARRA and the Economic Stimulus Plan were passed in 2009 to end the recession.

What were some positive results of TARP?

What were some positive results of TARP? Banks and automobile industries survived. Lending was able to increase.

What did the American Recovery and Reinvestment Act do?

The American Recovery and Reinvestment Act (ARRA) was a massive round of federal spending intended to create new jobs and recover jobs lost in the Great Recession of 2008. This government spending was to compensate for a slowdown in private investment in that year.

What caused the Great Recession of 2008?

The Great Recession, one of the worst economic declines in US history, officially lasted from December 2007 to June 2009. The collapse of the housing market — fueled by low interest rates, easy credit, insufficient regulation, and toxic subprime mortgages — led to the economic crisis.

Who is to blame for the Great Recession of 2008?

The Great Recession devastated local labor markets and the national economy. Ten years later, Berkeley researchers are finding many of the same red flags blamed for the crisis: banks making subprime loans and trading risky securities. Congress just voted to scale back many Dodd-Frank provisions.

How did Bush try to fix the economic recession?

Responses to the crisis included the $700 billion TARP program to bail out damaged financial institutions, loans to help bail out the auto industry crisis, and bank debt guarantees. The vast majority of these funds were later recovered, as banks and auto companies paid back the government.

Claim

The Obama administration provided a $3.7 million grant to the Wuhan Institute of Virology in China.

Rating

A portion of $3.7 million in grants awarded between 2014 and 2019 by the National Institutes of Health (NIH) to EcoHealth Alliance, a global environmental health nonprofit organization, helped fund research at the Wuhan Institute of Virology in China.

Origin

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