Marshall Plan

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Marshall Plan
Great Seal o the Unitit States
Ither short teetles
  • Economic Cooperation Act of 1948
  • International Children's Emergency Fund Assistance Act of 1948
  • Greek-Turkish Assistance Act of 1948
  • China Aid Act of 1948
Lang teetleAn Act to promote world peace and the general welfare, national interest, and foreign policy of the United States through economic, financial, and other measures necessary to the maintenance of conditions abroad in which free institutions may survive and consistent with the maintenance of the strength and stability of the United States.
NicknamesForeign Assistance Act o 1948
Enacted bithe 80th Unitit States Congress
EffectiveApril 3, 1948
Public law80-472
Statutes at Lairge62 Stat. 137
Legislative history
  • Introduced in the Senate as S. 2202
  • Passed the Senate on Mairch 13, 1948 (71-19)
  • Passed the Hoose on Mairch 31, 1948 (333-78)
  • Reported by the jynt conference committee on Aprile 1, 1948; agreed tae bi the Hoose on Aprile 2, 1948 (321-78) and by the Senate on April 2, 1948 (agreed)
  • Signed intae law bi Preses Harry S. Truman on April 3, 1948

The Marshall Plan (officially the European Recovery Program, ERP) wis an American initiative tae aid Wastren Europe, in which the Unitit States gae $13 billion (approximately $130 billion in current dollar value as o Mairch 2016) in economic support tae help rebig Wastren European economies efter the end o Warld War II.