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Q. What is the American Recovery and Reinvestment Act (ARRA)?
Q: Where can I find the full text of The American Recovery and Reinvestment Act of 2009?
Q: How can I see how much Recovery money is coming to Harris County?
Q: How will the reports entered into FederalReporting.gov be made available to the public?
Q: How does Recovery.gov differ from USASpending.gov?
Q: What is the difference between a job created and a job retained?
Q: How are full-time, part-time and temporary jobs reported?
 
Q. What is the American Recovery and Reinvestment Act (ARRA)? Top

A. The $787 billion federal legislation, signed into law by President Obama on Feb. 17, 2009, is intended to stimulate the U.S. economy. It includes federal tax cuts, expansion of unemployment benefits and other provisions, along with funds for domestic spending on education, health care and infrastructure. The American Recovery and Reinvestment Act of 2009 (ARRA) is President Obama's sweeping economic recovery plan designed to jump start our economy, create jobs, and help Americans struggling to provide for their families. The federal economic recovery plan represents the most ambitious effort to stimulate the economy in our nation's history.

·         Nationally, the recovery package will:

·         Create or save 3.5 million jobs over the next two years;

·         Direct nearly 40 percent of recovery package dollars for relief to working and middle class families, including a Making Work Pay tax credit for 95% of workers and their families, expanded and extended unemployment insurance, and payments to Social Security beneficiaries and veterans;

·         Double renewable energy generating capacity over three years -- stimulating a new energy economy, saving consumers money, and reducing our reliance on fossil fuels;

·         Invest $150 billion in our nation's infrastructure - the largest investment since the interstate highway system in the 1950s - including $17 billion invested in public transit and high speed rail, upgrades for the nation's electricity grid, and $7 billion to expand broadband coverage throughout the nation;

·         Protect health care coverage for roughly 20 million Americans, with $87 billion in for a temporary increase the Federal Medical Assistance Percentage so budget shortfalls will not force states to cut eligibility for Medicaid and SCHIP;

·         Enact the most significant expansion in tax cuts for low- and moderate-income households ever, lifting more than 2 million people out of poverty.

 

Q: Where can I find the full text of The American Recovery and Reinvestment Act of 2009?Top

A: The text of the law can be found here.

 

Q: How can I see how much Recovery money is coming to Harris County?Top

A: As the funding is distributed by the Federal government to states and local governments, and eventually to Harris County, we will report on http://www.federalreporting.gov/ the distribution of the funds.  Spending data will be reported on a quarterly basis, and this information will be available for public viewing on http://www.recovery.gov/.  This website will include a wealth of information reflected in charts, graphs, and detailed state maps.

 

Q: How will the reports entered into FederalReporting.gov be made available to the public? Top

A: On the 30th day of each reporting month, all reports will be made available on http://www.recovery.gov on individual Federal agency recovery Web sites.

 

Q: How does Recovery.gov differ from USASpending.gov?Top

A: Recovery.gov tracks only the targeted investments allocated by the American Recovery and Reinvestment Act. USASpending.gov collects data about all types of contracts, grants, loans, and spending across government agencies.

 

Q: What is the difference between a job created and a job retained? Top

A: A job created is a new position created and filled or an existing unfilled position that is filled as a result of the Recovery Act; a job retained is an existing position that would not have been continued to be filled were it not for Recovery Act funding.  A job cannot be counted as both created and retained.

 

Q: How are full-time, part-time and temporary jobs reported? Top

A: The estimate of the number of jobs required by the Recovery Act should be expressed as “full-time equivalents” (FTE), which is calculated as total hours worked in jobs created or retained divided by the number of hours in a full-time schedule, as defined by the recipient (see pages 35-36 of the OMB Guidance Memorandum for more information). The FTE estimates must be reported cumulatively each calendar quarter.

 




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