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In reaching this goal, the Recovery Act put billions of dollars into people’s hands and injected much needed funds into the economy in less than two years. Effective implementation of the Recovery Act depended on funding projects that would put every dollar to good use.
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.
Reinvestment Act (ARRA) was a more broadly based stimulus program intended mostly to create jobs through federal government spending on projects at the state and local levels.
In response to the severe economic crisis, the $787 billion American Recovery and Reinvestment Act (Recovery Act) became law in February 2009. The primary goal of this act was to create and save jobs and stimulate long-term economic growth.
23 kwi 2009 · A. Section 1512 (c) of the American Recovery and Reinvestment Act of 2009 (Pub. L. 111-5, hereafter referred to as “the Recovery Act” or “the Act”) requires, as a condition of receipt of funds, quarterly reporting on the use of funds.
21 lut 2019 · Ten years ago this month, Congress responded to the most serious economic crisis since the Great Depression by passing the American Recovery and Reinvestment Act of 2009 (Recovery Act).
Section 1512 Reporting. Purpose and Scope. Enacted in response to a significant slowdown in the American economy and increased unemployment nationwide, the federal American Recovery and Reinvestment Act (Recovery Act) became law in February 2009. According to Public Law 111-5, the Recovery Act’s stated purpose is to: