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News About the American Recovery and Reinvestment Act

The Columbus Dispatch (Ohio) - Change you can bank on; Obama administration's stimulus plan really can make spending pay off for consumers
President Barack Obama wants to give you money -- lots of money.

It comes in the form of tax credits and refunds from the $787 billion American Recovery and Reinvestment Act and other recent stimulus programs.

'I'm optimistic. I think consumer spending will return. It's cyclical,' said Jonathan Fox, a consumer-sciences professor at Ohio State University. 'I think there has to be an element of pent-up demand out there.' [Read More]

Washington Business Journal - Construction firms see tangible stimulus results
Local road construction companies have received more than $220 million in federal stimulus money in recent weeks, saving jobs and pumping money into the economy.

The projects are funded by the $787 billion American Recovery and Reinvestment Act, which President Barack Obama signed in February.

To date, Virginia has awarded 71 contracts, Maryland has announced 18, and the District has awarded three.

Laurel-based Romano Concrete Inc., which secured two contracts worth $4.1 million, was able to hire back 10 to 15 workers laid off earlier this year.

“We didn't have any work at the time, and for a lot of the state work before the stimulus they would give a contract but then say they didn't have the money,” said Antonio Romano, the company's president. “Now we can bring some guys back.” [Read More]

The Greenville News (South Carolina) Federal aid brings relief to jobless, disabled
South Carolina has begun to spend its federal stimulus money, saving programs that were slated to be cut because of budget problems.

The state has received about $328 million so far, which has gone to five state agencies, said state comptroller Richard Eckstrom.

A total of about $2.8 billion is expected to flow through state agencies to shore up the economy and create jobs before the stimulus funding is completed, he said. [Read More] (Oklahoma) - Area Schools to Receive Stimulus Funds For Nutrition Projects
State Superintendent Sandy Garrett said the Oklahoma Department of Education (SDE) has awarded 200 Oklahoma schools $1.5 million in federal economic stimulus dollars for child nutrition.

The awards were made through a competitive grant process with funding given to Oklahoma for child nutrition in the American Recovery and Reinvestment Act of 2009 (ARRA). [Read More]

The Register Mail (Illinois) - Westcode adds stimulus jobs
More than $1 million in money from the American Recovery and Reinvestment Act means 12 new jobs in Galesburg.

Pennsylvania-based Westcode Inc., which has a plant here at 1861 S. Henderson St., was awarded the contract to provide air-conditioning for 41 Metra rail cars.

The new air-conditioning units will make use of a more environmentally friendly refrigerant and are a component of the overall rehabilitation of the Metra fleet. These particular cars were built in 1974 and last rehabilitated in the 1980s.

Metra is the commuter rail firm that serves Chicago's suburbs. The company will be receiving $140.9 million in stimulus money. [Read More]

The Berkshire Eagle (Massachusetts) - Assurances on Broadband access
Speaking at the Berkshire South Regional Community Center, MBI Director Sharon Gillett said the organization's first priority was to make sure that every community in Western Massachusetts has access to broadband technology.

Through the American Recovery and Reinvestment Act, the federal government has appropriated $7.2 billion nationwide to promote high-speed Internet, or broadband, Gillett said. About $4 million of the stimulus funding is available for infrastructure. [Read More]

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