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ISBN:
Category :
Languages : en
Pages : 0
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Prepared for Members and Committees of Congress Authoritative Resources on the American Recovery and Reinvestment Act (ARRA) Summary The following list of authoritative resources is designed to assist in responding to a broad range of questions and concerns about the American Recovery and Reinvestment Act (ARRA), P. L. 111-5. [...] Links to the full text of the act, Congressional Budget Office (CBO) estimates, White House fact sheets, and federal, state, and municipal government websites are included, along with other useful information. [...] Congressional Research Service Authoritative Resources on the American Recovery and Reinvestment Act (ARRA) Contents Full Text of the Law. [...] Congressional Budget Office Cost Estimates Estimates of ARRA's impact on the budget and a detailed analysis of the budgetary effects by title. [...] Congressional Research Service 1 Authoritative Resources on the American Recovery and Reinvestment Act (ARRA) Each federal agency receiving funds from the act will submit reports on their recovery activities.
Author: L. Jan Reid
Publisher:
ISBN:
Category :
Languages : en
Pages : 17
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The United States Congress approved the American Recovery and Reinvestment Act (ARRA) on February 13, 2009. U.S. President Barack Obama signed the bill into law on February 17, 2009. ARRA was passed in response to widespread fears that the United States was in danger of slipping into a 1930s-style economic depression. After ARRA was enacted, related economic debate centered on tax reductions versus direct federal-government spending. Old arguments resurfaced about the effectiveness of the “New Deal” programs instituted by U.S. President Franklin Roosevelt; the 1936-1938 recession; and the theoretical views of both Keynesian and neoclassical economists.Since ARRA was passed, a number of economists have criticized the effectiveness of the stimulus program. Criticisms have ranged from arguments that “the stimulus was too small to be effective” to assertions of ARRA's failure to address the shortage of qualified workers in the labor force.I briefly review some of these arguments and conduct empirical tests to determine their validity.
Author: Tom Vilsack
Publisher: DIANE Publishing
ISBN: 1437983022
Category : Social Science
Languages : en
Pages : 23
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Home to more than 50 million people and our Nation¿s ag. industry, Rural America (RA) plays a vital role in ensuring a vibrant national economy. The Obama Admin. recognizes the importance of the rural economic engine and took swift action to stabilize the rural economy and assist rural communities in the aftermath of the economic downturn. This report provides an overview of how Fed. investments under the ARRA of 2009 are helping rural communities win the future by out-innovating, out-educating, and out-building our global competition. Contents: Building the Infrastructure of the 21st Century; Investing in Clean Energy and the Environ.; Increasing Economic Opportunity in RA; Enhancing the Quality of Life in RA. A print on demand report.
Author: Elise Taylor
Publisher:
ISBN: 9781633213951
Category : Political Science
Languages : en
Pages : 79
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Book Description
In February 2009, in response to significant weakness in the economy, lawmakers enacted the American Recovery and Reinvestment Act (ARRA). The legislations numerous spending and revenue provisions can be grouped into several categories according to their focus, which include, providing funds to states and localities; supporting people in need; purchasing goods and services; and providing temporary tax relief for individuals and businesses. This book discusses the economic impact of the ARRA five years after its enactment.
Author: Phillip R. Herr
Publisher: DIANE Publishing
ISBN: 1437988938
Category : Transportation
Languages : en
Pages : 60
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This report on the uses of and accountability for ARRA funds in selected states and localities focuses on the $48 billion provided to the Dept. of Transport. (DoT) to invest in transport. infrastructure. It also examines the quality of recipients' reports about the jobs created and retained with ARRA transport. funds. This report addresses the: (1) status, use, and outcomes of ARRA transport. funding nationwide and in selected states; (2) actions taken by federal, state, and other agencies to monitor and ensure accountability for those funds; (3) changes in the quality of jobs data reported by ARRA recipients of transport. funds over time; and (4) challenges faced and lessons learned from DoT and recipients. Charts and tables. This is a print on demand report.
Author: Carl Vogel
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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In the winter of 2009, with more than 1.4 million job losses in the first two months of the year, the federal government passed the American Recovery and Reinvestment Act (ARRA) into law as a way to quickly inject liquidity into a stalling economy and maintain critical services that would allow individuals and communities to survive through the recession. At first glance, New York City made out pretty well. More than $7 billion in Recovery Act funds went to programs benefiting New York City residents, which was more than many entire states received. These funds went toward failing schools, community development block grants, building retrofits and a much needed temporary increase in the federal match for Medicaid, among many other things. The most important way of assessing these investments has always been in terms of the jobs saved and people helped, but from the beginning it was also hoped that Recovery Act investments would provide a unique opportunity for policy innovation and reform. In no policy area was this truer than in workforce development. And in no other city would the payoff and potential pitfalls be clearer than in New York, the country's largest workforce development system. The 2009 federal stimulus brought a huge infusion of funds to New York City for job training and workforce development; with the money now running out, the authors examine how the funds were spent and what the end of this funding stream means at a time when countless New Yorkers are still out of work. The Programs are appended. (Contains 16 endnotes.).
Author: Michael Grabell
Publisher: PublicAffairs
ISBN: 1610390105
Category : Political Science
Languages : en
Pages : 414
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Book Description
The 2012 presidential campaign will, above all else, be a referendum on the Obama administration's handling of the financial crisis, recalling the period when Obama's "audacity of hope" met the austerity of reality. Central to this is the ''American Recovery and Reinvestment Act of 2009'' -- the largest economic recovery plan in American history. Senator Mitch McConnell gave a taste of the enormity of the money committed: if you had spent 1 million a day since Jesus was born, it still would not add up to the price tag of the stimulus package. A nearly entirely partisan piece of legislation -- Democrats voted for it, Republicans against -- the story of how the bill was passed and, more importantly, how the money was spent and to what effect, is known barely at all. Stepping outside the political fray, ProPublica's Michael Grabell offers a perceptive, balanced, and dramatic story of what happened to the tax payers' money, pursuing the big question through behind-the-scenes interviews and on-the-ground reporting in more than a dozen states across the country.
Author: Michael Grunwald
Publisher: Simon and Schuster
ISBN: 1451642342
Category : Political Science
Languages : en
Pages : 627
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In a riveting account based on new documents and interviews with more than 400 sources on both sides of the aisle, award-winning reporter Michael Grunwald reveals the vivid story behind President Obama’s $800 billion stimulus bill, one of the most important and least understood pieces of legislation in the history of the country. Grunwald’s meticulous reporting shows how the stimulus, though reviled on the right and the left, helped prevent a depression while jump-starting the president’s agenda for lasting change. As ambitious and far-reaching as FDR’s New Deal, the Recovery Act is a down payment on the nation’s economic and environmental future, the purest distillation of change in the Obama era. The stimulus has launched a transition to a clean-energy economy, doubled our renewable power, and financed unprecedented investments in energy efficiency, a smarter grid, electric cars, advanced biofuels, and green manufacturing. It is computerizing America’s pen-and-paper medical system. Its Race to the Top is the boldest education reform in U.S. history. It has put in place the biggest middle-class tax cuts in a generation, the largest research investments ever, and the most extensive infrastructure investments since Eisenhower’s interstate highway system. It includes the largest expansion of antipoverty programs since the Great Society, lifting millions of Americans above the poverty line, reducing homelessness, and modernizing unemployment insurance. Like the first New Deal, Obama’s stimulus has created legacies that last: the world’s largest wind and solar projects, a new battery industry, a fledgling high-speed rail network, and the world’s highest-speed Internet network. Michael Grunwald goes behind the scenes—sitting in on cabinet meetings, as well as recounting the secret strategy sessions where Republicans devised their resistance to Obama—to show how the stimulus was born, how it fueled a resurgence on the right, and how it is changing America. The New New Deal shatters the conventional Washington narrative and it will redefine the way Obama’s first term is perceived.
Author: Elise Taylor
Publisher: Gazelle Book Services, Limited
ISBN: 9781633213968
Category : United States
Languages : en
Pages : 114
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Book Description
In February 2009, in response to significant weakness in the economy, lawmakers enacted the American Recovery and Reinvestment Act (ARRA). The legislation's numerous spending and revenue provisions can be grouped into several categories according to their focus, which include, providing funds to states and localities; supporting people in need; purchasing goods and services; and providing temporary tax relief for individuals and businesses. This book discusses the economic impact of the ARRA five years after its enactment.
Author: Maricopa County (Ariz.). Internal Audit Department
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 12
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