Difference between revisions of "American Recovery and Reinvestment Act of 2009"

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(Created page with "The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), commonly referred to as the Stimulus or The Recovery Act, was an economic stimulus package enacted ...")
 
 
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[[FAR 52.203-15 - Whistleblower Protections Under the American Recovery and Reinvestment Act of 2009]]
 
[[FAR 52.203-15 - Whistleblower Protections Under the American Recovery and Reinvestment Act of 2009]]
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==Impacts and Funding of the Act==
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The impacts of the Act are limited for DoD contracts and contractors.  The act covers the following areas<ref>http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009; April 2015</ref>:
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{| class="wikitable"
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|-
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! Covered Area !! Amount
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|-
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| Tax Incentives || $237 Billion
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|-
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| Health Care || $155 Billion
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|-
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| Education || $100 Billion
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|-
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| Aid to Low Income Workers || $82.2 Billion
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|-
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| Transportation || $48.1 Billion
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|-
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| Water, Sewage, Environment, & Public Lands || $18 Billion
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|-
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| Government Buildings & Facilities || $7.2 Billion
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|-
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| Communications, Information, & Security Technologies || $10.5 Billion
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|-
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| Energy Infrastructure || $21.5 Billion
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|-
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| Energy Efficiency & Energy Research & Investment || $27.2 Billion
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|-
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| Housing || $14.7 Billion
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|-
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| Scientific Research || $7.6 Billion
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|-
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| Other || $10.6 Billion
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|}
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Latest revision as of 10:37, 9 April 2015

The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5), commonly referred to as the Stimulus or The Recovery Act, was an economic stimulus package enacted by the 111th United States Congress in February 2009 and signed into law on February 17, 2009, by President Barack Obama[1].

Contents

Contract Clauses created as a result of the Act

FAR 52.203-15 - Whistleblower Protections Under the American Recovery and Reinvestment Act of 2009

Impacts and Funding of the Act

The impacts of the Act are limited for DoD contracts and contractors. The act covers the following areas[2]:

Covered Area Amount
Tax Incentives $237 Billion
Health Care $155 Billion
Education $100 Billion
Aid to Low Income Workers $82.2 Billion
Transportation $48.1 Billion
Water, Sewage, Environment, & Public Lands $18 Billion
Government Buildings & Facilities $7.2 Billion
Communications, Information, & Security Technologies $10.5 Billion
Energy Infrastructure $21.5 Billion
Energy Efficiency & Energy Research & Investment $27.2 Billion
Housing $14.7 Billion
Scientific Research $7.6 Billion
Other $10.6 Billion



Other Sources

Wikipedia has a significant article on this act. The link is shown below:

http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009

References

  1. http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009; April 2015
  2. http://en.wikipedia.org/wiki/American_Recovery_and_Reinvestment_Act_of_2009; April 2015