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Tag Archive: Stimulus

Introducing Recovery Explorer

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More than a year has passed since President Barack Obama signed the American Recovery and Reinvestment Act. Federal agencies have been distributing some $787 billion appropriated by the act to jump start the economy. According to Recovery.gov, the Web site that tracks spending under the act, about 40 percent of that money has been spent, sent around the country in the form of contracts, grants, loans, tax benefits and entitlements.

The huge spending bill included funds for a mechanism to track spending under the bill, but getting a sense of which agencies have awarded the most money, or which ...

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Recovery.gov: Completely Tracking One-Fifth of the Recovery Act

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In his State of the Union Address late last month, President Barack Obama declared - to great applause - that there were two million Americans working now who would otherwise be unemployed if not for the American Recovery and Reinvestment Act, better known as the stimulus.

Three days later, the same night that Recovery.gov released a slew of new data on individual projects funded by the stimulus, the site Web ticker that tracks the total number of jobs reported by recipients dropped from 640,349 to 599,108.

Did we suddenly lose 40,000 jobs? And didnt the President say that ...

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Recovery.gov recipient data just in

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Recovery.gov posted information today showing that 30,383 jobs have been created or saved by the federal contracts that have been awarded through the American Recovery and Reinvestment Act. So far, $16 billion has been disbursed by 9,100 contracts. The federal government is spending more than $525,000 spent on every job they saved or created.

The release covers just a sliver of stimulus spending: Most recovery money is in the form of grants and loans to the states; data from that spending--including recipient and jobs data--will be available at the end of October. So far, federal contracts ...

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