The Recovery Act invested millions in new projects that are improving our infrastructue, repairing homes, and much more. But it also provided millions in direct benefits for families, students, businesses, investors, and more including more than $288 million in various forms of tax relief. Guidance on how to access each of those benefits is below.
Submitted by Center for Publ... on Wed, 06/02/2010 - 03:00
Federal Recovery Act State Budget Update
The American Recovery and Reinvestment Act (ARRA) is making a vital difference in Texas. Potentially injecting as much as $38 billion into the state economy, ARRA temporarily increases grants to federal, state, or local government agencies while providing tax cuts or tax credits to families and businesses. This Policy Page discusses the importance of the ARRA funds in the Texas state budget for 2010-11--the budget cycle that begins on September 1--and related developments.
Submitted by Center for Publ... on Wed, 06/02/2010 - 02:56
Economic Recovery Act Keeping 640,000 Texans Out of Poverty During Recession
The Center for Public Policy Priorities (CPPP) today highlighted a new report showing that, along with boosting the economy and saving and creating jobs, seven provisions of the American Recovery and Reinvestment Act of 2009 (ARRA) enacted in February kept 640,000 Texans from falling into poverty this year. According to the study, released today by the Washington, D.C.-based Center on Budget and Policy Priorities (CBPP), ARRA also reduced the severity of poverty for another 2.9 million impoverished Texans by boosting their incomes, in most cases by at least $700.
Submitted by Center for Publ... on Fri, 05/28/2010 - 22:09
A One-Year Anniversary Report on ARRA and Jobs
With the nation experiencing massive job loss through 2008 and 2009, the American Recovery and Reinvestment Act (ARRA) of 2009 had two core purposes: cushion the blow for families losing their jobs while preserving existing jobs and creating new opportunities. The intent of ARRA largely a two-year initiative was also to help families with things like extended unemployment insurance benefits while preserving or creating consumer demand for goods and services.
