File Name: american recovery and reinvestment act .zip
Official websites use. Share sensitive information only on official, secure websites. A direct response to the economic crisis, the Recovery Act has three immediate goals:. A direct response to the economic crisis, the Recovery Act has three immediate goals: Create new jobs and save existing ones. Spur economic activity and invest in long-term growth. Foster unprecedented levels of accountability and transparency in government spending. DOT is committed to ensuring that information is available in appropriate alternative formats to meet the requirements of persons who have a disability.
Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact us to request a format other than those available. This Web page has been archived on the Web. Buy America n Essentials. This means that for federal, state and municipal projects funded by the ARRA, there is a preference for the use of U. It is important to note that the version of Buy American rules found in the ARRA only applies to Recovery funded projects and will cease to apply when the lifespan of this act is complete.
The American Recovery and Reinvestment Act of sometimes called the "Recovery Act" or the "stimulus" established a framework for reporting on the use of funding that was awarded as part of the Federal stimulus package. The law directed the creation of Recovery. Another website, FederalReporting. The Recovery Act also formed the Recovery Accountability and Transparency Board, which set out to monitor the use and reporting of Federal stimulus funds and awards. Manage Subscriptions Newsletter Archive.
Congress and signed into law by President Barack Obama in February Developed in response to the Great Recession , the primary objective of this federal statute was to save existing jobs and create new ones as soon as possible. Other objectives were to provide temporary relief programs for those most affected by the recession and invest in infrastructure, education, health, and renewable energy. The politics around the stimulus was very contentious, with Republicans criticizing the size of the stimulus. On the right, it spurred the Tea Party movement and may have contributed to Republicans winning the House in the midterms. Both the House and the Senate versions of the bills were primarily written by Democratic Congressional committee leaders and their staffs. Because work on the bills started before President Obama officially took office on January 20, , top aides to President-Elect Obama held multiple meetings with committee leaders and staffers.
Chodorow-Reich et al. We find that the ARRA state fiscal relief has indeed had a positive effect on gross state products. We make use of the fact that the ARRA can be seen as a natural experiment. Expenditure levels differ per state, and this allows us to check whether states that received more due to ARRA have reached more favorable changes in their economic activity. This enables a cross-section econometric strategy to estimate the effects of intergovernmental transfers on economic activity.
PDF | The American Recovery and Reinvestment Act (ARRA) of envisaged a fiscal stimulus of approximately $ billion, the largest in American | Find.
Our priorities are to address deficient pavements, structurally deficient bridges and much-needed highway capacity and rail improvements to improve the economic competitiveness of the commonwealth and offer safe, reliable transportation options for all Virginians.
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated. Distributional impact of the American Recovery and Reinvestment Act: a microsimulation approach. Over the last two decades, those at the bottom of the income scale have seen their incomes stagnate, while those at the top have seen theirs skyrocket.
It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need. This voluntary program provides assistance to sponsoring local organizations of authorized watershed projects, planned and approved under the authority of the Watershed Protection and Flood Prevention Act of P. NRCS provides technical and financial assistance to States, local governments and Tribes as project sponsors to implement authorized watershed project plans for the purpose of watershed protection; flood mitigation; water quality improvements; soil erosion reduction; rural, municipal and industrial water supply; irrigation water management; sediment control; fish and wildlife enhancement; and wetlands and wetland function creation and restoration.
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