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Read the following excerpt and answer the question below."I pledge you, I pledge myself, to a new deal for the American people," said Franklin Delano Roosevelt in 1932 on the occasion of his nomination as the presidential candidate of the Democratic Party. The "New Deal" he had promised the American people began to take shape immediately after his inauguration on March 4, 1933.-"Library of Congress Presents Symposium on New Deal," 2008How was President Obama's American Recovery and Reinvestment Act (ARRA) similar in purpose to President Roosevelt's New Deal?

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