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The Recovery Act. President Obama took office in the middle of the worst economic crisis since the Great Depression, at a time the economy was losing over 700,000 jobs a month and in the midst of what we now know was the worst 6-month period for GDP growth in over 60 years.
25 lut 2016 · This month marks the seven-year anniversary of the American Recovery and Reinvestment Act (Recovery Act). The President signed the Recovery Act into law on February 17, 2009—less than a month after taking office—as our economy teetered on the brink of a second Great Depression.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) provided $5 billion to the Department of Energy’s (DOE) Weatherization Assistance Program to help low-income families by making long-term energy efficiency improvements to their homes.
KEYWORDS: accountability, American Recovery and Reinvestment Act (ARRA), fiscal federalism, grants-in-aid, Obama, transparency. AA deepening economic crisis in the United States, brought about in part by the collapse of the subprime mortgage market, had the federal government scrambling for a solution.
23 kwi 2009 · The Recovery Act requires GAO to do bimonthly reviews of the use of funds by selected states and localities. In this first report, GAO describes selected states' and localities' (1) uses of and planning of Recovery Act funds, (2) accountability approaches, and (3) plans to evaluate the impact of funds received.
RECOVERY ACT. Housing Programs Met Spending Milestones, but Asset Management Information Needs Evaluation. What GAO Found. Almost all public housing authorities (PHA) met their spending deadlines for the Public Housing Capital Fund formula and competitive grant programs.
The Pillars of the Recovery Act DOE invested its Recovery Act funds into several key areas to ensure America’s long-term competitiveness: Increasing energy efficiency; Restructuring the transportation system; Doubling renewable generation; Investing in smart grid infrastructure; Expanding innovative research; and
