How Much Was Spent On Renovation By The Obama Administration?

During Barack Obama’s presidency, the U.S. total outstanding debt increased by almost $8.34 trillion, the largest dollar increase of any president. The debt held by the public was around $6.307 trillion at the time of Obama’s inauguration. Obama’s efforts to spur recovery from the Great Recession through his $832 billion stimulus package and $858 billion in tax cuts contributed to the rise in national debt. The White House’s fiscal 2017 budget requested $9.5 million for costs related to Obama’s transition out of office, including $1 million for briefing personnel.

The economy has made significant strides, but resentment of a large swath of the population, particularly lesser-educated whites, remained. Interiors expert, John McKinley, reveals how the Obama White House was designed, with much of the money going to tax relief, unemployment insurance, and other direct infusions of cash into the pockets of Americans. President Obama announced nearly $4 billion in combined federal and private sector energy upgrades to buildings over the next two years. New legislation cost $5.0 trillion over the 2009-19 period, with $4.1 trillion of this “cost” coming from basic extensions of expiring taxes. Trump and his team have spent $1.75 million on furniture for the White House and adjacent offices since the inauguration.

Which president was a billionaire?

The list of US presidents by peak net worth varies greatly, with many having a net worth less than $0 at the time of death due to debt and depreciation. Most presidents before 1845 were extremely wealthy, with Andrew Jackson and George Washington being the most wealthy. Presidents since 1929, when Herbert Hoover took office, have generally been wealthier than those of the late nineteenth and early twentieth centuries. All presidents since this time have been millionaires, with the exception of Harry S.

Truman. Most presidents, except for Franklin D. Roosevelt and John F. Kennedy, have written autobiographies and earned considerable income from public speaking after leaving office. Harry Truman, one of the poorest U. S. presidents, had a net worth considerably less than $1 million, which contributed to the doubling of his presidential salary to $100, 000 in 1949. The presidential pension was created in 1958 during his financial difficulties.

What did Barack Obama do in 2009?

In February 2009, President Obama appointed Senator Judd Gregg as Secretary of Commerce after Bill Richardson withdrew his nomination. Tom Daschle and Nancy Killefer also withdrew their nominations due to tax problems. President Obama granted five television interviews accepting responsibility for the nomination mistakes and discussed the economic stimulus bill.

On February 4, President Obama announced that companies receiving large amounts of federal bailout money through the Troubled Assets Relief Program (TARP) must cap top executive pay at US$500, 000. He signed the Children’s Health Insurance Program Reauthorization Act of 2009, reauthorizing and expanding the Children’s Health Insurance Program (CHIP). Secretary of the Interior Ken Salazar cancelled 77 leases sold by the previous administration to oil and gas companies while letting 39 leases stand.

On February 5, President Obama spoke at the National Prayer Breakfast. The Washington Post published an op-ed by President Obama entitled “The Action Americans Need” dealing with the American Recovery and Reinvestment Act of 2009. He also took his first trip as President on Air Force One to Williamsburg, Virginia.

On February 6, President Obama announced the creation of the President’s Economic Recovery Advisory Board and issued an executive order backing the use of union labor for large-scale federal construction projects. Vice President Biden made the administration’s first major foreign policy speech at the Munich Security Conference. Barack, Michelle, Malia, and Sasha Obama made their first trip to Camp David.

On February 9, President Obama traveled to Elkhart, Indiana to discuss the American Recovery and Reinvestment Act of 2009 and returned to the White House to give his first nationally televised press conference. On February 10, President Obama traveled to Fort Myers, Florida to discuss the Recovery and Reinvestment Act and the area’s unemployment problems. Secretary of the Interior Ken Salazar temporarily halted a Bush midnight regulation that opens the Outer Continental Shelf to offshore drilling for oil and gas.

On February 11, President Obama promoted his economic stimulus plan at a construction site in Springfield, Virginia with then-DNC Chairman and former Virginia governor Tim Kaine. On February 12, President Obama traveled to Springfield, Illinois to celebrate the 200th anniversary of the birth of President Abraham Lincoln and spoke at a Lincoln Bicentennial Celebration.

On February 19, President Obama made his first trip abroad as President to Ottawa, Ontario, Canada, where he met with Governor General Michaëlle Jean, Prime Minister Stephen Harper, and Leader of the Opposition Michael Ignatieff about environmental issues, the North American Free Trade Agreement (NAFTA), and other US-Canadian relations.

On February 21, the Department of Justice rules that detainees at the Bagram Air Base in Afghanistan do not have the right to use U. S. courts to challenge their detention, upholding the Bush administration’s position on the issue. Attorney General Eric Holder visited the Guantanamo Bay Detention Camp on February 23.

On February 25, the United States Senate confirmed Hilda Solis as United States Secretary of Labor. President Obama nominates former Governor of Washington Gary Locke to become United States Secretary of Commerce. The Secretary of the Interior cancels leases for oil shale development on 1, 900, 000 acres (7, 700 km 2 ) of federal land in Colorado, Utah, and Wyoming.

On February 27, President Obama delivered a speech at Camp Lejeune on his plans for troop withdrawals from Iraq. The Obama administration began the process to repeal or modify a “night rule” conceived to protect health workers who refuse for conscience reasons to provide healthcare.

Who was the youngest president?

The United States Constitution mandates that presidents must be at least 35 years old when they take office. The median age at inauguration is 55 years. The youngest president to become president was Theodore Roosevelt, who succeeded at 42 after the assassination of William McKinley. The oldest inaugurated president was Joe Biden at 78. John F. Kennedy was the youngest president at the end of his tenure, with the shortest lifespan of any president.

Theodore Roosevelt was the youngest to become a former president at 50. Ronald Reagan was the oldest president at the end of his tenure, but this distinction will be passed to Joe Biden when he leaves office. James K. Polk had the shortest retirement of any president, dying of cholera only 103 days after leaving office. Jimmy Carter’s current retirement is the longest in American presidential history, at 43 years, and he is the oldest of the six living U. S. presidents and the nation’s longest-lived former president.

What did Obama do for the 2008 recession?

In 2009, President Obama signed the American Recovery and Reinvestment Act (ARRA), a $787 billion economic stimulus package, to help the US economy recover from the global recession. The act increased federal spending by $573 billion for healthcare, infrastructure, education, and social benefits, with the remainder used for tax relief, including a $116 billion income tax cut that benefited 95 of working families. Democrats overwhelmingly supported the law, while only a few Senate Republicans supported it.

The CBO estimated that ARRA would positively impact GDP and employment, with primary impacts between 2009 and 2011. The GDP was projected to increase between 1. 4 and 3. 8 by late 2009, 1. 1 and 3. 3 by late 2010, and 0. 4 and 1. 3 by late 2011, with a decrease of zero and 0. 2 beyond 2014. The impact on employment was estimated to increase by 0. 8 million to 2. 3 million by last-2009, 1. 2 million to 3. 6 million by late 2010, and 0. 6 million to 1.

9 million by late 2011, with declining increases in subsequent years as the US labor market reached nearly full employment. The CBO’s final analysis in February 2015 found that ARRA provided substantial improvement to GDP growth and employment.

What has the Obama administration done?

Obama’s first two years in office saw the signing of several significant bills, including the Affordable Care Act, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the Don’t Ask, Don’t Tell Repeal Act of 2010. The American Recovery and Reinvestment Act and Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act served as economic stimuli during the Great Recession. After a debate over the national debt limit, he signed the Budget Control Act of 2011 and the American Taxpayer Relief Act of 2012.

In foreign policy, Obama increased US troop levels in Afghanistan, reduced nuclear weapons with the United States-Russia New START treaty, and ended military involvement in the Iraq War. He gained widespread praise for ordering Operation Neptune Spear, the raid that killed Osama bin Laden, and ordered military involvement in Libya to implement UN Security Council Resolution 1973.

After winning re-election, Obama was sworn in for a second term in 2013. During this term, he condemned the 2013 Snowden leaks but called for more restrictions on the National Security Agency (NSA) to address privacy issues. He also promoted inclusion for LGBT Americans, urged the Supreme Court to strike down same-sex marriage bans, and issued executive actions concerning global warming and immigration.

In foreign policy, Obama ordered military interventions in Iraq and Syria, promoted discussions leading to the 2015 Paris Agreement on global climate change, drew down US troops in Afghanistan, initiated sanctions against Russia, brokered the Joint Comprehensive Plan of Action nuclear deal with Iran, and normalized US relations with Cuba.

How much did the US government spend in 2008?

The government’s net cost increased by over 25%, reaching $3. 6 trillion, with a $731 billion increase from FY 2007. For the first time, the net operating cost exceeded $1 trillion, representing a figure that is more than three times the FY 2007 net operating cost of $276 billion.

How much money did Obama have before office?

In 2007, Money Magazine estimated Obama’s net worth at $1. 3 million, equivalent to $1. 9 million in 2023. Their 2009 tax return showed a household income of $5. 5 million, mostly from sales of his books. On his 2010 income of $1. 7 million, he gave 14% to non-profit organizations, including $131, 000 to Fisher House Foundation, a charity assisting wounded veterans’ families. Per his 2012 financial disclosure, Obama may be worth as much as $10 million.

Obama is a Protestant Christian whose religious views developed in his adult life. He was not raised in a religious household, but through working with black churches as a community organizer, he came to understand the power of the African-American religious tradition to spur social change. In 2008, Obama told Christianity Today that he is a devout Christian, believing in the redemptive death and resurrection of Jesus Christ and that faith gives him a path to be cleansed of sin and have eternal life.

What did Obama do to help his country?

As the incoming president, Obama faced numerous challenges, including an economic collapse, wars in Iraq and Afghanistan, and the threat of terrorism. He proposed unprecedented federal spending to revive the economy and renewed America’s global standing. During his first term, he signed three signature bills, including an omnibus bill to stimulate the economy, legislation making healthcare more accessible and affordable, and legislation reforming the nation’s financial institutions.

Obama also pressed for a fair pay act for women, financial reform legislation, and consumer protection. In 2009, he became the fourth president to receive the Nobel Peace Prize. In 2012, he was reelected over Mitt Romney. The Middle East remained a key foreign policy challenge, with the rise of the self-proclaimed Islamic State during a civil war in Syria. Obama sought to manage a hostile Iran with a treaty that hindered its nuclear weapons development. The Obama administration adopted a climate change agreement signed by 195 nations to reduce greenhouse gas emissions and slow global warming.

Which president was a millionaire?

Hoover, a multi-millionaire, international humanitarian, secretary of commerce, and President of the United States, lived in Iowa for the first decade of his life. Orphaned at nine, he left Iowa at 11 and moved to Oregon with his maternal uncle, Henry Minthorn. He lived with the Minthorns for six years before working as a clerk in his uncle’s real estate business at 14. Hoover pursued a career as a mining engineer and applied to Leland Stanford Junior University in 1891.

There, he made lifelong friends, found a mentor in Professor John Caspar Branner, and met his future wife, Lou Henry. Hoover was active in extracurricular activities, serving as student body treasurer and manager of baseball and football teams.

How much did Obama spend in 2008?

In the 2008 US presidential election, fundraising increased significantly compared to previous elections. According to campaign filings by the Federal Election Commission (FEC), 148 candidates for all parties collectively raised $1, 644, 712, 232 and spent $1, 601, 104, 696 for the primary and general campaigns combined through November 24, 2008. The amounts raised and spent by the major candidates were as follows:

Democrats candidate Hillary Clinton raised $27, 339, 34739, 886, 410, Barack Obama raised $23, 526, 00440, 896, 076, John Edwards spent $13, 900, 62218, 537, 625 and Joe Biden spent $3, 190, 1223, 209, 364.

What did Obama do in 2008?

On November 4, 2008, Barack Obama became the first African American to be elected President of the United States, gaining almost 53 of the popular vote and 365 electoral votes. He announced his candidacy for president on February 10, 2007, in Springfield, Illinois. After winning a majority of delegates in the Democratic primaries, Senator Joe Biden of Delaware was announced as the vice presidential nominee.

At the 2008 Democratic National Convention, Obama was formally selected as the Democratic Party nominee for president, becoming the first African American in history to be nominated on a major party ticket.

On November 4, 2008, Obama defeated Republican nominee John McCain, making him the president-elect and the first African American elected president. He was the third sitting U. S. senator, after Warren G. Harding and John F. Kennedy, to be elected president. Upon the vote of the Electoral College on December 15, 2008, and the certification thereof by a Joint Session of the United States Congress on January 8, 2009, Barack Obama was elected as president and Joe Biden as vice president, with 365 of 538 electors.

Obama’s 2008 campaign is considered one of the greatest political underdog stories in U. S. history, shifting the status quo of the Democratic platform, especially on issues such as healthcare reform. His primary victory over Hillary Clinton is considered one of the greatest political upsets of all time, with overwhelming backing by two-thirds of voters aged 18-29 and minority voters. Analysts also praised his campaign’s effective use of the Internet and social media, considering their utilization a crucial factor in Obama’s victory.