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.
John Barton from the Texas Department of Transportation testified today to the Select Committee on Federal Economic Stabilization Funding. He updated committee members on the total amount of ARRA funds that have been obligated, how much money has been spent, the number of jobs created, and some specific infrastructure improvements.
On April 14th, the White House's Council of Economic Advisers released a report that details the effects of the Recovery Act for the first quarter of 2010. The CEA found that the Recovery Act continues to have a significant effect on the economy, job creation and disposable income. In the first quarter, the Recovery Act has:
The Texas Water Development Board recently released a new website that allows Texans to track where and how the agency has spent its $326 million in American Recovery and Reinvestment Act Funds. The new website depicts where each project is, shows how much funding each project will receive, and tracks the number of jobs created at each project.
To visit the site, go to http://www.twdb.state.tx.us/stimulus/.