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ARRA (American Recovery and Reinvestment Act of 2009)

What is ARRA (American Recovery and Reinvestment Act of 2009)?

The American Recovery and Reinvestment Act of 2009 (ARRA) is an economic stimulus bill created to help the United States economy recover from an economic downturn that began in late 2007. Congress enacted ARRA February 17, 2009.

ARRA allocates $787 billion to fund tax cuts and supplements to social welfare programs as well as increased spending for education, health care , infrastructure and the energy sector.

According to ARRA's statement of purpose, it was developed to:

  • To preserve and create jobs and promote economic recovery.
  • To assist those most impacted by the recession.
  • To provide investments needed to increase economic efficiency by spurring technological advances in science and health.
  • To invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits.
  • To stabilize State and local government budgets, in order to minimize and avoid reductions in essential services and counterproductive state and local tax increases.

See also: HITECH Act, Broadband Technology Opportunities Program (BTOP)

Learn More About IT:
> Wikipedia covers the history and content of ARRA in greater detail.
> Recovery.gov is the official website dedicated to information about ARRA programs, spending and progress.
> The full text of the American Recovery and Reinvestment Act of 2009 (ARRA) is available online.

This was last updated in March 2010

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I would like to know what the ARRA is & what they do please email me back
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seb
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hey thats me
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sebsed
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I receive a call yesterday regarding this grants.  I doubted about this but the guy whom I spoke with gave the website and  I am trying to log in.  I've seen the website but still not sure of it.  He gave some info to pick in any branch of western union where it is located in various store, Walmart and even at Wallgreen.  He explained about how it works but still not convince.  The last word I heard from him is to go at times and register.  So much question floating in my brain but then on the last part he told me that I have to pay just to register because they are the private agency to process your application.  Being curious about, I interview and got some information about this if it is legit or not.  I went to the website whereas not convince yet since I red some who also doubted on this?  In short are this real?  Please provide more info on this if you are still willing to help.
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