Stimulus Package The American Recovery and Reinvestment Act of 2009 (the “ARRA” or “Stimulus”) was passed by Congress and signed into law by President Barack Obama with the hopes that it would achieve two key objectives: add new jobs and save existing jobs. The Stimulus Bill authorized the United States federal government to spend a [...]
ARRA Funding The American Reinvestment and Recovery Act (“ARRA”) was passed in February of 2009 with the hope that it would stem the rising tide of unemployment and other economic difficulties within the United States. After enjoying a long ride of prosperity and a real estate value boom in many parts of the country, the [...]
ARRA Funds The American Recovery and Reinvestment Act (‘ARRA”) was passed to achieve two primary goals. First, to create new additional jobs to help stimulate the economy and lower the high unemployment rate the United States was facing at the time. Second, to help keep current jobs in place and keep the US unemployment rate [...]
Economic Recovery Starting in late 2008 the United States government began taking steps to try to jumpstart an economic recovery. The primary tool Congress used in their recovery efforts was the American Recovery and Reinvestment Act of 2009 (“ARRA”), which was signed into law by President Obama in February of that year. This Act (which [...]
ARRA The American Recovery and Reinvestment Act of 2009 (also known as the “Stimulus” or “Stimulus Bill”) was a landmark piece of legislation signed into law in February of 2009 by President Barack Obama with the hope that it would fulfill two purposes: save existing jobs and create new jobs. In total, the cost of [...]
American Recovery and Reinvestment Act The American Recovery and Reinvestment Act was passed by Congress and signed into law on February 17, 2009 by President Barack Obama. The initiative and purpose behind this piece of legislation was to create an economic incentive package that would help spur job growth throughout the country, try and save [...]
Recovery.gov The Recovery.gov website is the United States government’s official website that provides tracking and accountability for all spending related to the American Reinvestment and Recovery Act of 2009′s stimulus funds. The purpose of the Recovery.gov website also allows for the public to see if any waste, fraud or abuse has been discovered with the [...]
