Economic Opportunity Act
YEAR: 1964
DEFINITION: This act was passed by congress to direct and coordinate the mobilization of "human and financial resources of the nation to combat poverty in the U.S."
EFFECT: It helped as it followed through with fighting poverty.
RELEVANT TODAY?: Yes
Tax Reduction Act
YEAR: 1964
DEFINITION: A bipartisan tax cut bill signed by President Lyndon Johnson.
EFFECT: Tax rates were cut across the board by approximately 20%.
RELEVANT TODAY?: YES
House and Urban Development Act
YEAR: 1965
DEFINITION: Makes things cheaper for people buying homes.
EFFECT: Expands funding for existing federal housing programs. Provided rent for the elderly and disabled and provides funds for public work projects.
RELEVANT TODAY?: YES
Demonstration Cities and Metropolitan Development Act
YEAR: 1966
DEFINITION: Planning program meant to revitalite cites and improve the welfare of people living in neighborhoods.
EFFECT: Provided grants that would pay up 80 percent of the cost of developing city demonstrating programs.
RELEVANT TODAY?: YES
Credits:
Created with images by Leroy_Skalstad - "people peoples homeless" • 3dman_eu - "refugees economic migrants financial equalization" • TBIT - "dollar bank note money" • P_R_F - "Sylvester Strong House, 88 Circular St., Saratoga Springs NY (1870s)" • ASaber91 - "Dhaka 14th March"