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News About the American Recovery and Reinvestment Act

The New Yorker - Second Helpings

by any reasonable measure, the $800-billion stimulus package that Congress passed in the winter of 2009 was a clear, if limited, success. The Congressional Budget Office estimates that it reduced unemployment by somewhere between 0.8 and 1.7 per cent in recent months. Economists at various Wall Street houses suggest that it boosted G.D.P. by more than two per cent. And a recent study by Mark Zandi and Alan Blinder, economists from, respectively, Moody's and Princeton, argues that, in the absence of the stimulus, unemployment would have risen above eleven per cent and that G.D.P. would have been almost half a trillion dollars lower.

The weight of the evidence suggests that fiscal policy softened the impact of the recession, boosting demand, creating jobs, and helping the economy start growing again. What's more, it did so without any of the negative effects that deficit spending can entail: interest rates remain at remarkably low levels, and government borrowing didn't crowd out private investment. [9/20/10]

KHON FOX-2 (Hawaii) - Nearly $36 M for broadband infrastructure expansion in Hawaii

[MEMBER MENTIONED: Mazie Hirono (HI-2)]

Public access to computing centers in Hawaii will increase dramatically after the University of Hawaii receives two stimulus grants totaling nearly $36 million to expand and integrate its digital network with other state facilities by adding more than 450 miles of broadband infrastructure, Senators Daniel K. Inouye and Daniel K. Akaka and Congresswoman Mazie K. Hirono announced today.

The $35,922,160 comes from two U.S. Department of Commerce grants paid for by the American Recovery and Reinvestment Act.

The money will be used to link the vast University of Hawaii system and other state computing sites by connecting together university campuses, the community colleges, public schools and libraries.

This funding will bring a significant technological boost to my District which encompasses the neighbor islands and rural Oahu.  Soon, students in my District, from elementary school through college, and their teachers and professors will be able to walk into their classrooms and libraries and have the kind of access to computers and broadband internet service many urban communities take for granted,” said Congresswoman Hirono. [9/10/10]

The Herald News (Illinois) - Leaders break ground on lock and dam project

[MEMBER MENTIONED: Debbie Halvorson (IL-11)]

Leaders held a groundbreaking ceremony Friday for new construction at the Lockport Lock and Dam on the Illinois Waterway.

The ongoing project is scheduled to be completed in June 2012, and has been awarded $88 million through the American Recovery and Reinvestment Act, according to the office of U.S. Rep. Debbie Halvorson, D-Crete.

Halvorson supported the legislation to make the work possible.

'Infrastructure is the lifeblood of our economy, and with $16 billion of commerce passing through the locks every year, it's absolutely essential we maintain our waterways,' Halvorson said Friday. 'This is exactly what we need to be doing to put people to work and create the economic opportunities we need to move us forward. And we're creating good, local jobs with these funds.' [9/13/10]

South Bend Tribune (Indiana) - Notre Dame's slice of stimulus pie: $34.7 million

High-tech researchers, Catholic school teachers and undergraduates seeking work-study jobs to help pay for college are among those benefiting from federal stimulus money that is flowing through the local economy.

St. Joseph County has been awarded more than $150 million in federal funds as part of the American Recovery and Reinvestment Act -- commonly known as the stimulus bill.

The single largest recipient of federal stimulus dollars locally is the county's largest employer: the University of Notre Dame.

Since May 2009, Notre Dame has been awarded 32 grants funded by the stimulus measure, mostly for academic research projects…

The stimulus funding has allowed for new hiring, creating the full-time equivalent of about 90 new jobs[9/12/10]

Nevada Appeal - Stimulus weatherization program has improved 3,800 homes

With each project coming in just about half the expected cost, the head of the stimulus-funded weatherization program has now made energy saving improvements for 3,753 families -- nearly half for low income seniors.

Hilary Lopez, chief of federal programs for the Department of Business and Industry, said they originally expected each project to cost about $5,000 but they are coming in about $2,600 apiece because many of the project are in apartment complexes where contractors get much better bang for the buck.

The projects range from air conditioning and heating systems to insulation, ductwork and other improvements -- even low flow shower heads -- as well as fixing health and safety issues. Any family making less than 200 percent of the federal poverty level is eligible… [9/11/10]

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