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The American Recovery and Reinvestment Act is an unprecedented effort to jumpstart our economy, save and create millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Recovery and Reinvestment Act is an extraordinary response to a crisis unlike any since the Great Depression.  With much at stake, the Act provides for unprecedented levels of transparency and accountability so that you will be able to know how, when, and where your tax dollars are being spent. Spearheaded by a new Recovery Board, this Act contains built-in measures to root out waste, inefficiency, and unnecessary spending. This website, RivCoRecovery.com, will be the main vehicle to provide each and every citizen with the ability to monitor the progress of the recovery in Riverside County.

The American Recovery and Reinvestment Act is an unprecedented effort to jumpstart our economy, save and create millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Recovery and Reinvestment Act is an extraordinary response to a crisis unlike any since the Great Depression.  With much at stake, the Act provides for unprecedented levels of transparency and accountability so that you will be able to know how, when, and where your tax dollars are being spent. Spearheaded by a new Recovery Board, this Act contains built-in measures to root out waste, inefficiency, and unnecessary spending. This website, RivCoRecovery.com, will be the main vehicle to provide each and every citizen with the ability to monitor the progress of the recovery in Riverside County.

Summary

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act, a $787 billion plan to create jobs, get the economy going again and make significant improvements to the nation's infrastructure.

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act, a $787 billion plan to create jobs, get the economy going again and make significant improvements to the nation's infrastructure.

The American Recovery and Reinvestment Act

  • Create or save more than 3.5 million jobs over the next two years;
  • Take a big step toward computerizing Americans’ health records, reducing medical errors, and saving billions in health care costs;
  • Revive the renewable energy industry and provide the capital over the next three years to eventually double domestic renewable energy capacity;
  • Undertake the largest weatherization program in history by modernizing 75 percent of federal building space and more than one million homes;
  • Increase college affordability for seven million students by funding the shortfall in Pell Grants, increasing the maximum award level by $500, and providing a new higher education tax cut to nearly four million students;
  • As part of the $150 billion investment in new infrastructure, enact the largest increase in funding of our nation’s roads, bridges, and mass transit systems since the creation of the national highway system in the 1950s;
  • Provide an $800 Making Work Pay tax credit for 129 million working households, and cut taxes for the families of millions of children through an expansion of the Child Tax Credit;
  • Require unprecedented levels of transparency, oversight, and accountability.

The American Recovery and Reinvestment Act

  • Create or save more than 3.5 million jobs over the next two years;
  • Take a big step toward computerizing Americans’ health records, reducing medical errors, and saving billions in health care costs;
  • Revive the renewable energy industry and provide the capital over the next three years to eventually double domestic renewable energy capacity;
  • Undertake the largest weatherization program in history by modernizing 75 percent of federal building space and more than one million homes;
  • Increase college affordability for seven million students by funding the shortfall in Pell Grants, increasing the maximum award level by $500, and providing a new higher education tax cut to nearly four million students;
  • As part of the $150 billion investment in new infrastructure, enact the largest increase in funding of our nation’s roads, bridges, and mass transit systems since the creation of the national highway system in the 1950s;
  • Provide an $800 Making Work Pay tax credit for 129 million working households, and cut taxes for the families of millions of children through an expansion of the Child Tax Credit;
  • Require unprecedented levels of transparency, oversight, and accountability.
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Federal Stimulus Funds
What it means to Riverside County
Federal Stimulus Funds
What it means to Riverside County
 
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