$2.4 Billion of Early Money to Be Released Today

U.S. Secretary of Education Arne Duncan today announced that more than $2.7 billion is being made available early to help states as they face increasing budgetary pressures. This funding represents that last third of the government services fund which was initially scheduled to be made available with the completion of Phase II applications as part of the State Fiscal Stabilization Fund under the American Recovery and Reinvestment Act (ARRA) of 2009. Of this $2.7 billion being distributed early, $2.4 billion will be awarded today to states that have successfully completed Phase I applications and the remaining $316.6 million of the accelerated funds will be awarded in the coming days as the remaining states are approved for Phase I applications.

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The U.S. Railroad Retirement Board (RRB) began paying temporary extended unemployment benefits on June 30 authorized by the American Recovery and Reinvestment Act of 2009 (ARRA).

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Council Reports Back After Vigorous Public Outreach; Advises New Research Dollars To Focus On Populations Who Have Been Under-Represented And Better, More Coordinated Dissemination Of Information To Patients And Providers
Recommendations for how the HHS Office of the Secretary will spend $400 million in funds for patient-centered research, also known as comparative effectiveness research, were released today by Federal Coordinating Council for Comparative Effectiveness Research (CER). The report, mandated by the American Recovery and Reinvestment Act, is designed to help the HHS Secretary and lawmakers improve the quality of care for patients, and provide patients and doctors the best information possible to make decisions about health care.
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Recovery Act funding will create jobs, help modernize nation's electric grid

Washington, DC - U.S. Energy Secretary Steven Chu announced today that the Department of Energy is soliciting applications for $3.9 billion in grants to support efforts to modernize the electric grid, allowing for greater integration of renewable energy sources while increasing the reliability, efficiency and security of the nation's transmission and distribution system, as part of the American Recovery and Reinvestment Act.

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WASHINGTON - Small businesses seeking to expand will be able to refinance existing loans used to purchase real estate and other fixed assets as a result of permanent changes to the U.S. Small Business Administration's 504 Certified Development Company loan program. The changes were authorized in the American Recovery and Reinvestment Act of 2009.

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On June 22, 2009, the Office of Management and Budget (OMB) published Implementing Guidance for the Reports on Use of Funds Pursuant to the American Recovery and Reinvestment Act of 2009 ("Recovery Act"). This guidance implements the reporting requirements included in Section 1512 of the Recovery Act for recipients of grants, loans, and other forms of assistance.
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