Ted Kaufman - United States Senator for Delaware

Working for Delaware

AMERICAN RECOVERY AND REINVESTMENT ACT OF 2009

WHAT IT MEANS FOR DELAWARE

Our country continues to face its most significant economic challenge since the Great Depression. The American Recovery and Reinvestment Act (ARRA) of 2009, which President Obama signed into law on February 17th, is an economic package that is delivering what we need: jobs and tax relief. There is no higher priority than stopping more layoffs and getting our citizens back to work. According to the White House Council of Economic Advisers, these investments in our economy will create or save an estimated 11,000 jobs in Delaware over the next two years.

Money from the American Recovery and Reinvestment Act has already meant more than $1 billion in Recovery funding for Delaware.  It has taken several forms:  funding flowing directly to the State, local education and law enforcement agencies, or other organizations pursuant to automatic formulae; competitive grant funding that is distributed by federal agencies directly to meritorious projects in Delaware; and tax relief for Delaware families and businesses.


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