Stimulus

WHITE HOUSE ECONOMIC RECOVERY PROPOSALS

Wednesday, March 3, 2010

Christina Romer, chair of the President’s Council of Economic Advisers, spoke today about the impact of the stimulus law on the economy as well as the Obama Administration’s economic recovery proposals: enacting a hiring tax credit as well as providing additional financial relief to states and capital to small banks. She was speaking at the National Association for Business Economics' policy conference in Washington, DC.
watch Christina Romer Speech at NABE   
read CEA Chair Romer’s remarks    read Wash. Post: Romer - Too Soon to Cut Spending

Recent Programs

GAO Releases Report on States & Stimulus: One Year Later (March 8, 2010)
GAO Releases Report on States & Stimulus: One Year Later The Gov't Accountability Office released a new report on states' use of stimulus funds, one year after the passage of the Recovery Act. This is the fifth in a series of reports on 16 selected states. Also, a group of Democratic senators asked the Treasury Dept. to suspend a clean-energy grant program in the stimulus law that has paid out more than $1 billion to foreign manufacturers.
Washington, DC
read GAO Report    read Vice President Biden’s Reaction    read Senators' Statement
CBO Director Elmendorf on Stimulus Law and the Economy (March 8, 2010)
Nat'l Association For Business Economics Conference (March 8, 2010)
Congressional Oversight Panel Hearingon Citigroup's Use of TARP Funds (March 4, 2010)
Pres. Obama Remarks on Jobs and the Economy (March 2, 2010)
VP Biden on State Highway Projects (March 1, 2010)
House Transportation Cmte. Hearing on Stimulus Transportation Projects (February 23, 2010)
Pres. Obama Meeting with NGA and Release of Health Care Plan (February 22, 2010)
2010 National Governors Association Day 3 (February 22, 2010)
Pres. Obama Remarks on Stimulus Act Anniversary (February 17, 2010)
Get RSS Feed More programs »

About This Page

The $787 Billion American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Obama on February 17th, 2009. Known as the economic stimulus law, it was passed to jumpstart the U.S. economy as well as to save and create more than 3.5 million jobs over the next two years.

Recovery Progress Report:
As of March 2, $345.9 billion of the $787 billion stimulus has been committed to states; $194.9 billion has been paid out.

This website contains news conferences, hearings and Congressional debates on the stimulus as well as links to government and watchdog groups who are tracking spending.

Resources

Who's Buried in Grant's Tomb: A Tour of Presidential Gravesites