Recovery.gov News

Vice President Biden Submits First Quarterly Report to the President

2009-05-13T20:08:00Z

The Vice President submitted to the President the first progress report covering the implementation of the American Reinvestment and Recovery Act of 2009 in the 90 days since the signing of the Recovery Act.

View Report.

More Than $2 Billion in Recovery Funds Now Available for New York to Save Teaching Jobs and Drive Education Reform

2009-05-11T23:26:00Z

Application for Part 1 of New York's State Stabilization Funds Approved Today

U. S. Secretary of Education Arne Duncan today announced that more than $2 billion is now available for New York under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts.

CEA Releases New Report on Measuring Recovery Act Progress Creating, Saving Jobs

2009-05-11T22:49:00Z

The Council on Economic Advisers today released "Estimates of Job Creation from the American Recovery and Reinvestment Act of 2009," a report detailing how the Administration will measure progress creating and saving jobs under the Recovery Act.

Work began on the methodology in the earliest days of the Administration and within days of the Recovery Act being signed into law, Chairman Romer met with top economists from numerous agencies to develop a simple, conservative and accurate model for measuring progress. The model pairs a macro approach based on projected and actual spending with direct reporting by recipients to improve the level of accuracy.

View Report.

HUD Makes Nearly $1 Billion Available in Recovery Act Funds to Improve Public Housing

2009-05-11T12:52:00Z

Grants will help the elderly and disabled, boost energy efficiency and create jobs

WASHINGTON - U.S. Department of Housing and Urban Development Secretary Donovan today announced that HUD is offering nearly $1 billion to make substantial improvements to thousands of public housing units nationwide. The Public Housing Capital Funds being offered today are provided through The American Recovery and Reinvestment Act of 2009 (Recovery Act) and are designed to help selected public housing authorities improve the quality of their housing stock, promote energy efficiency and create jobs.

More Than $587 Million in Recovery Funds now Available for Wisconsin to Save Jobs and Drive Reform

2009-05-05T23:53:00Z

Application for Part 1 of Wisconsin's State Stabilization Funds Approved Today

U. S. Secretary of Education Arne Duncan today announced that more than $587 million is now available for Wisconsin under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Wisconsin will be eligible to apply for another $289 million this fall. Today's funding is being made available per Wisconsin's successful completion of Part 1 of the State Stabilization Application, which was made available on April 1st.

Secretary Chu Announces Nearly $800 Million from Recovery Act to Accelerate Biofuels Research and Commercialization

2009-05-05T23:38:00Z

New green jobs a benefit of effort to end dependence on foreign oil

WASHINGTON, D.C. — As part of the ongoing effort to increase the use of domestic renewable fuels, U.S. Secretary of Energy Steven Chu today announced plans to provide $786.5 million from the American Recovery and Reinvestment Act to accelerate advanced biofuels research and development and to provide additional funding for commercial-scale biorefinery demonstration projects.