Download or read book American Recovery and Reinvestment Act written by Paul G. Tellis and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: On 13 February 2009, both the House and Senate passed the conference version of H.R. 1, the American Recovery and Reinvestment Act of 2009 (ARRA). The primary purposes of the ARRA focus on promoting economic recovery, assisting those most affected by the recession, improving economic efficiency by "spurring technological advances in science and health," investing in infrastructure, and stabilising state and local government budgets. This book provides a brief overview of the key provisions of the ARRA including the agriculture, nutrition, and rural provisions; medicaid provisions; a summary and legislative history of the Act; and the estimated impact on employment and economic output as of September 2009.
Download or read book Why Did the American Recovery and Reinvestment Act ARRA Fail Or Did It written by L. Jan Reid and published by . This book was released on 2015 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book American Recovery and Reinvestment Act GAO s Role in Helping to Ensure Accountability and Transparency written by Gene L. Dodaro and published by DIANE Publishing. This book was released on 2009-11 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Recovery and Reinvestment Act delineates an important set of responsibilities in the accountability community. GAO's bimonthly reviews of selected states' and localities' uses of the Recovery Act funds will examine how funds are being used and achieving the stated purposes of the Recovery Act. A core group of 16 states has been selected to follow over the next few years to provide an ongoing longitudinal analysis of the use of these funds. These states contain about 65% of the U.S. population and are estimated to receive about 2/3 of the intergovernmental grants funds available through the Recovery Act. In addition, localities within these states will be sampled to provide a perspective on the use of funds at the local level.
Download or read book The American Recovery and Reinvestment Act of 2009 written by United States. Congress. House. Committee on Appropriations and published by . This book was released on 2009 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The American Recovery and Reinvestment Act of 2009 written by United States. Congress. House. Committee on Oversight and Government Reform and published by . This book was released on 2009 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Recovery and Reinvestment Act written by Elise Taylor and published by . This book was released on 2014-01-01 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Did the American Recovery and Reinvestment Act ARRA Fund an Optimal Mix of Tax Reductions and Direct Government Spending written by L. Jan Reid and published by . This book was released on 2015 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Recovery and Reinvestment Act (ARRA) was passed in response to widespread fears that that United States was in danger of slipping into a 1930s-style economic depression. Once the ARRA was introduced, the economic debate centered on tax reductions versus direct government spending. Old arguments resurfaced about the effectiveness of the Roosevelt New Deal, the 1936-1938 recession, and the theoretical views of both Keynesian and neoclassical economists. I briefly review the economic literature and discuss the economic arguments of both sides.My research accounts for economic adjustment, and seeks to calculate the optimal mix of tax reductions and direct government spending using three different standards: effect on Real Gross Domestic Product, effect on the stock market , and effect on the U.S. civilian unemployment rate.I found that ARRA did not fund an optimal mix of tax reductions and direct government spending because ARRA included subsidies to individual states, loan guarantees, and other subsidies.
Download or read book Stimulus American Recovery and Reinvestment Act of 2009 PL 111 5 written by Federal Government and published by Government Institutes. This book was released on 2009-06-15 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Recovery and Reinvestment Act of 2009—better known as the Stimulus Act—leaves no business, no American untouched. Signed into law on February 17, 2009, by President Barack Obama, The American Recovery and Reinvestment Act (ARRA) was established to address the current economic crisis facing the United States. The provisions of the Act call for investments in infrastructure, health care, education, the environment, energy, housing and other needed services. This set includes one volume containing the complete and official text of the Act and a separate volume full of essential documents related to the creation of, response to, and signing of the Act, including: * The President's American Recovery and Reinvestment Plan * Establishment of the President's Economic Recovery Advisory Board * Economic Stimulus: Issues and Policies (Congressional Research Service Report) * Financial Stimulus Plans: Recent Developments in Selected Countries * Budgetary Impact of the American Recovery and Reinvestment Act of 2009 * Macroeconomic Impact of the American Recovery and Reinvestment Act of 2009 * White House Statements on ARRA regarding Working Families, State by State Jobs, Congressional District Jobs, Education, Energy, Health Care, and Infrastructure * Accountability Measures: Bill Language, American Recovery and Reinvestment Act * Ensuring Responsible Spending of Recovery Act Funds (Presidential Memorandum) * Interim Guidance Regarding Communications with Registered Lobbyists about Recovery Act Funds (Memorandum from the Director, Office of Management and Budget)
Download or read book Stimulus American Recovery and Reinvestment Act of 2009 written by Federal Government and published by Government Institutes. This book was released on 2009-06-15 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: Full text of the American Recovery and Reinvestment Act of 2009.
Download or read book Authoritative Resources on the American Recovery and Reinvestment Act ARRA written by and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book American Recovery and Reinvestment Act of 2009 written by and published by CCH. This book was released on 2009 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book American Recovery and Reinvestment Act ARRA written by Tom Vilsack and published by DIANE Publishing. This book was released on 2011-08 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Special Report The American Recovery and Reinvestment Act and the Department of Energy written by and published by . This book was released on 2009 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law on February 17, 2009, as a way to jumpstart the U.S. economy, create or save millions of jobs, spur technological advances in science and health, and invest in the Nation's energy future. This national effort will require an unprecedented level of transparency and accountability to ensure that U.S. citizens know where their tax dollars are going and how they are being spent. As part of the Recovery Act, the Department of Energy will receive more than $38 billion to support a number of science, energy, and environmental initiatives. Additionally, the Department's authority to make or guarantee energy-related loans has increased to about $127 billion. The Department plans to disburse the vast majority of the funds it receives through grants, cooperative agreements, contracts, and other financial instruments. The supplemental funding provided to the Department of Energy under the Recovery Act dwarfs the Department's annual budget of about $27 billion. The infusion of these funds and the corresponding increase in effort required to ensure that they are properly controlled and disbursed in a timely manner will, without doubt, strain existing resources. It will also have an equally challenging impact on the inherent risks associated with operating the Department's sizable portfolio of missions and activities and, this is complicated by the fact that, in many respects, the Recovery Act requirements represent a fundamental transformation of the Department's mission. If these challenges are to be met successfully, all levels of the Department's structure and its many constituents, including the existing contractor community; the national laboratory system; state and local governments; community action groups and literally thousands of other contract, grant, loan and cooperative agreement recipients throughout the Nation will have to strengthen existing or design new controls to safeguard Recovery Act funds.
Download or read book The New New Deal written by Michael Grunwald and published by Simon and Schuster. This book was released on 2012-08-14 with total page 627 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The American Recovery and Reinvestment Act Of 2009 written by United States House of Representatives and published by . This book was released on 2019-09-18 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The American Recovery and Reinvestment Act of 2009: the role of state and local governments: hearing before the Committee on Oversight and Government Reform, House of Representatives, One Hundred Eleventh Congress, first session, April 21, 2009.
Download or read book American Recovery and Reinvestment ACT written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-18 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: American Recovery and Reinvestment Act: GAO's Role in Helping to Ensure Accountability and Transparency
Download or read book Did the American Recovery and Reinvestment Act Help Counties Most Affected by the Great Recession written by Mario J. Crucini and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the statements of purpose of the American Recovery and Reinvestment Act (ARRA) was "to assist those most impacted by the recession." To consider this facet, the grants-in-aid portion of the ARRA is assessed from the perspective of fiscal federalism. We estimate a trend-stationary autoregressive model of county-level wage income dynamics where each county is subject to a common shock (with county-specific factor loading) and an idiosyncratic shock. We then ask if counties that experienced larger negative wage income shocks during the Great Contraction subsequently received more transfers per capita in the form of grants-in-aid. The fact that the negative business cycle shocks pre-date the passage of the ARRA and subsequent disbursements allows identification of the risk-pooling channel of the grants before fiscal multiplier effects confound these two channels. We find statistically significant and economically large risk-pooling effects.
