American Recovery and Reinvestment Act |
American families are confronting the most serious economic crisis in 60 years. Almost 250,000 Minnesotans are among the more than 4 million Americans who have lost their jobs since December 2007. The Great Depression of the 1930s taught us that under such dire economic conditions, the federal government must act quickly and boldly to put In response to the economic crisis, my colleagues and I in the House of Representatives swiftly passed the American Recovery and Reinvestment Act (H.R 1). President Obama signed H.R. 1 into law on February 17, 2009, just four weeks after being sworn into office. This historic and much needed recovery package invests an unprecedented $787 billion to: create and save 3.5 million American jobs; provide immediate tax relief to 95 percent of American workers; modernize
August 24, 2009: American Recovery and Reinvestment Act Hearing The following Departments and Agencies are receiving funding through the American Recovery and Reinvestment Act:
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