The Recovery Act invested millions in new projects that are improving our infrastructue, repairing homes, and much more. But it also provided millions in direct benefits for families, students, businesses, investors, and more including more than $288 million in various forms of tax relief. Guidance on how to access each of those benefits is below.
Submitted by Center for Publ... on Fri, 05/28/2010 - 22:09
With the nation experiencing massive job loss through 2008 and 2009, the American Recovery and Reinvestment Act (ARRA) of 2009 had two core purposes: cushion the blow for families losing their jobs while preserving existing jobs and creating new opportunities. The intent of ARRA largely a two-year initiative was also to help families with things like extended unemployment insurance benefits while preserving or creating consumer demand for goods and services. In Texas, ARRA restored some of Texans' lost earned income, preventing further damage to Texas businesses, which depend on customers with money to spend. ARRA had a measurable impact on leveling job loss and stimulating new hiring. This Policy Page provides an overview of ARRA's impact on employment in Texas, and makes recommendations as Congress considers proposals to create and preserve more jobs. To read more, click here.
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