The President - Press Conference: “…Stronger than Before.”
“Six months ago, I took office amid the worst recession in half a century. We were losing an average of 700,000 jobs per month and our financial system was on the verge of collapse.
“As a result of the actions we took in those first weeks, we've been able to pull our economy back from the brink. We took steps to stabilize our financial institutions and our housing market. And we passed a Recovery Act that has already saved jobs and created new ones; delivered billions in tax relief to families and small businesses; and extended unemployment insurance and health insurance to those who've been laid off.
“Of course, we still have a long way to go. And the Recovery Act will continue to save and create more jobs over the next two years -- just like it was designed to do. I realize this is little comfort to those Americans who are currently out of work, and I'll be honest with you -- new hiring is always one of the last things to bounce back after a recession.
“And the fact is, even before this crisis hit, we had an economy that was creating a good deal of wealth for those folks at the very top, but not a lot of good-paying jobs for the rest of America. It's an economy that simply wasn't ready to compete in the 21st century -- one where we've been slow to invest in clean energy technologies that have created new jobs and industries in other countries; where we've watched our graduation rates lag behind too much of the world; and where we spend much more on health care than any other nation but aren't any healthier for it.
“That's why I've said that even as we rescue this economy from a full-blown crisis, we must rebuild it stronger than before.” [Read More]
Holyoke Enterprise (Colorado) - Recovery Act Project begins on I-76 to replace concrete pavement
… The $15.8 million project is being funded through the American Recovery and Reinvestment Act (ARRA).
“This is great news for Northeast Colorado,” said U.S. Representative Betsy Markey. “I-76 is a critical highway for agriculture, business and tourism in our corner of Colorado, and making maintenance and safety repairs along this stretch of road will play a key role in the economic recovery of the region. This project will put Coloradans back to work, bring local jobs to Northeast Colorado and make much-needed improvements in our infrastructure.”
As a result of this project, Interstate Highway Construction, the contractor for this project, will put 13 private-sector employees to work this year and about 35 next year, ultimately preventing layoffs. This does not include the number of private-sector jobs created by subcontractors of this project. [Read More]
New Mexico Business Weekly - LANL stimulus work saves and creates jobs
Los Alamos National Laboratory has received $212 million for environmental clean up activities under the American Recovery and Reinvestment Act.
The funds will shore up environmental compliance efforts and the clean up of Cold War-era buildings slated for demolition, said George Rael, assistant manager for environmental operations at the National Nuclear Security Administration's Los Alamos office.
“The Recovery Act will help change the skyline of Los Alamos, while creating jobs in the community,” Rael said in a news release. “We are ready to begin these projects immediately and plan to make extensive progress in meeting our clean up responsibilities, while stimulating the local economy.”
The work is expected to save or create about 200 jobs. [Read More]
Arkansas Democrat-Gazette - 2 airports get funds to repave taxiways
Two Arkansas airports received $2 million in federal funds to repair and resurface taxiways…
'It's manna from heaven,' Luebbert said of the funds for the Texarkana airport. 'We were close to considering closing that taxiway. We kept a close eye on it because it was deteriorating.' Thirty to 50 airplanes taxi on the strip daily.
Luebbert said he anticipates the project will result in jobs for 150 people. [Read More]
San Luis Obispo Tribune (California) - California Conservation Corps crews busy in SLO this summer
Five California Conservation Corps crews are busy doing work in San Luis Obispo in the first summer of a two-year program coordinated with Cuesta College.
The American Recovery Reinvestment Act -- the federal economic stimulus package -- is funneling nearly $855,000 into the program, aimed at giving job skills and confidence to as many as 170 youngsters who have neither now. [Read More]
Bangor Daily News (Maine) - Maliseet Indians move forward with health center
Members of the Houlton Band of Maliseet Indians announced Tuesday afternoon that the tribe is poised to establish a $2 million health center that will entitle the band to build upon health and wellness services already offered to its members.
The tribe has tapped into federal grants and American Recovery and Reinvestment Act money to finance the project.
[Maliseet Chief Brenda Commander] said the tribe would be purchasing American-made construction materials and hopes to stick to its past practice of buying and employing locally.
“This is going to bring jobs into the community,” said Commander. “It will help with job creation; it will help the economy in Houlton, in the state and in the nation.” [Read More]
OBSNews - Rep. Doris Matsui Announces $1.6 Million in Recovery Funds for UC Davis Medical Center Research
Congresswoman Doris O. Matsui (D-Sacramento) announced today that University of California Davis (UCD) School of Medicine will receive over $1.6 million in federal funding for six on-going research projects at their Sacramento campus.
Rep. Matsui stressed that the continued provision of federal funds for NIH studies in the Sacramento area will serve both to support our local economy and increase the quality of life for Americans across the country. “By supporting our universities, we can simultaneously attract bright young people to the area, bring about innovative new discoveries and technologies, and help to ensure that the UC Davis Medical Center continues to provide cutting-edge care to our local community.” [Read More]
The Thibodaux Daily Comet (Louisiana) - Recovery dollars for St. Mary Airport
A Patterson airport will get $450,000 to resurface and repair its runway, thanks to a grant from the federal government's economic-stimulus package, the American Recovery and Reinvestment Act.
The Harry P. Williams Memorial Airport, which is used heavily by the oil-and-gas industry, received the grant with the help of U.S. Sen. Mary Landrieu, D-La., and U.S. Rep. Charlie Melancon, D-Napoleonville. [Read More]
Bangor Daily News (Maine) - County Head Start programs get stimulus funds
Members of the state's congressional delegation announced last week that the DHHS would allocate $494,375 to Head Start and Early Head Start programs in Aroostook, Androscoggin and York counties.
The Head Start funding was distributed through the American Recovery and Reinvestment Act. ACAP in Presque Isle will receive $142,972.
U.S. 2nd District Rep. Mike Michaud said in a statement that he was pleased to hear that Maine would receive the funding.
“This announcement is welcome news for families who depend on Head Start programs,” said Michaud. [Read More]
- Durango Herald (Colorado) - Most of county's stimulus money goes for transportation projects
- Great Falls Tribune (Montana) - Montana forests to get $10 million in stimulus funds
- WOKV (Florida) - Job Training Dollars Available
- Chicago Environmental News Examiner (Illinois) - Ecojobs and money roll into Illinois