Agency Summary
Agency Recovery Site
View Recovery Site
Recent News
Thursday, April 9, 2009 Thursday, April 9, 2009 Wednesday, March 18, 2009
|
Weekly Progress
Source: Agency Financial and Activity Report
as of 2009-05-14
|
Financial and Activity Report
Financial Status: |
- Total Available: $23,477,899
- Total Paid Out: $2,755,103
|
Major Actions Taken to Date: |
- FMS: Disbursed 24,260,191 payments to Social Security recipients totaling $6,065,047,750 on May 7.
- FMS: Notified various House and Senate Committees, as a courtesy, by email that the first Recovery Act payments were released in early May.
- Departmental Offices: Provided press kits on the first in a series of disbursements of the one-time $250 Recovery Act payments to media outlets located near the FMS Regional Financial Centers on May 7. Media outlets in San Francisco and Kansas City ran stories.
- Departmental Offices (OFAS): Announced a new program on May 4 - Grants to States for Low-Income Housing Projects in lieu of Low-Income Housing Tax Credits. Treasury will begin processing applications immediately.
- Departmental Offices (OFAS): A joint Treasury and HUD Webinar was held May 6 to share information about ARRA Low-Income Housing funding initiatives.
|
Major Planned Actions: |
- IRS: During the week of May 11th, IRS will issue a news release regarding new withholding adjustment option for pension plans
- IRS: During the week of May 11th, IRS will issue revised Publication 15T incorporating a withholding adjustment option for pensions plans
- FMS: Over 6.8 million economic recovery payments will be issued with a May 14 payment date to Social Security recipients valued at over $1.7 billion.
|
|  View Source file
|
Report History
