When president obama took office in january 2009, he pledged to pursue an expansionary fiscal policy to try to pull the economy out of the recession. the next month, congress passed the american recovery and reinvestment act of 2009, a $840 billion package of spending increases and tax cuts that was

the largest fiscal policy action in the US history

Explanation:

The American Recovery and Reinvestment Act of 2009 was enacted by 111th Congress and was signed by the President Barack Obama into law. The act was developed in order to tackle the great recession. The primary objective of this act was to save the existing jobs and also to create new opportunities and jobs for the youth and the people. This was used to invest in education, infrastructure and health. It was one of the largest fiscal policy action to boost economy in the nation.

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