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News About the American Recovery and Reinvestment Act

MarketWatch - Initial jobless claims drop 11,000 to 445,000

The number of people who filed new claims for state unemployment benefits fell 11,000 to 445,000 in the latest week, the lowest level since early July, the U.S. Labor Department reported Thursday.

New applications for jobless benefits have dropped almost 10%...

Most economists believe weekly claims have to start trending down toward 400,000 as evidence that hiring is picking up. [10/7/10]

The Morning Journal (Ohio) - Ohio sixth in education stimulus funds received

When it was being decided how to use American Recovery and Reinvestment Act dollars in, few aspects of the country's infrastructure were seemingly more important than education.

That emphasis was not lost on Ohio, as the state's Department of Education was the sixth highest recipient of stimulus funds through June.

Add in everything given to school systems across the state, and the resulting figure approaches $973 million.

…Title I money is meant to provide funding to districts deemed to be at an economic disadvantage so they can initiate building projects, as well as hire teachers, tutors, social workers, administrators and curriculum coaches. Through June, the grants had created 2,000 jobs throughout schools in the state. [10/7/10]

WVLT CBS-8 (Tennessee) - $1 million+ headed to rural E. Tenn. Utility

[MEMBER MENTIONED: Lincoln Davis (TN-4)]

More than $1 million in federal loans and a grant is headed to the East Tennessee county with the highest unemployment in the state.

The U.S. Department of Agriculture announced on Tuesday that a Rural Development low-interest infrastructure loan of $985,000 and grant of $375,000 have been awarded to Oneida Water and Waste Water.

Utility officials expect to spend the money upgrading older water meters with modern equipment so they can be monitored remotely.

“Putting people to work and meeting key infrastructure needs in Scott County are critically important,' said U.S. Rep. Lincoln Davis. 'I am glad to see this needed investment that promotes efficiency and will result in cost savings for customers coming to the rural Fourth Congressional District.'

The grant and loans are funded by the American Recovery and Reinvestment Act of 2009. [10/6/10]

The Trentonian (New Jersey) - U.S. Rep Rush Holt says 'millions of New Jerseyans' benefiting from stimulus

[MEMBER MENTIONED: Rush Holt (NJ-12)]

New Jersey educators, governments, businesses, scientists, and nonprofit institutions submitted $3.85 billion worth of projects for federal funding under President Obama's economic stimulus program.

According to Democratic U.S. Rep. Rush Holt, virtually every man, woman and child in Trenton and Mercer County benefited from Obama's stimulus program.

Millions of New Jerseyans are benefiting from the stimulus,” Holt told The Trentonian.

Stimulus money paid to keep laid off workers on their health insurance and extended unemployment benefits for the growing number of jobless, Holt said.

…Holt said America would have fallen into a full depression if the stimulus money hadn't been spent. [10/5/10]

KERO ABC-23 (California) - $7.3M To Be Given To Kern County Sheriff's Dept.

[MEMBER MENTIONED: Jim Costa (CA-20)]

…the Kern County Sheriff's Office has been selected to receive the 2010 Office of Community Oriented Policing Services (COPS) Hiring Program Grant award (CHP).

Administered through the U.S. Department of Justice, this grant award is said to provide the Kern County Sheriff's Office with approximately $7.3 million dollars over a 3-year period and allow the department to hire 27 additional deputy sheriffs.

'These funds will prevent hardworking police officers from losing their jobs due to local budget cuts,” said Rep. Jim Costa. “As we work our way out of this recession, we must ensure that local police departments have the tools they need to keep our streets and neighborhoods safe. I am pleased to see more resources invest in our communities, and I will continue to support these efforts.” [10/4/10]

The Kingston Daily Freeman (New York) - Schools used federal aid to minimize job cuts

[MEMBER MENTIONED: Maurice Hinchey (NY-22)]

Most federal stimulus money earmarked for public schools served a single purpose: preventing layoffs.

The state Legislature restored some of the cuts and used about two-thirds of a two-year federal stimulus allocation of $2.5 billion to offset the rest and provide a flat budget.

…according to [Kingston] district Treasurer Gary Tomczyck, $4.535 million in “stabilization” federal stimulus money saved the jobs of 43 teachers, one central office administrator and 22 support staffers.

Without the stimulus money, “either the tax rate would have been much higher, or we would have had very crowded classrooms,” Tomczyck said…

Saugerties Business Administrator Allen Olsen said the $2.5 million in stimulus money his district received to offset cuts in state aid saved about 35 teaching jobs, or more than 10 percent of the district's total teaching staff.

According to U.S. Rep. Maurice Hinchey's office, the state Education Department also reported that stimulus money saved or created 27 education jobs in the Ellenville school district, 29 in  Marlboro, 20 in New Paltz, 12 in  Onteora and 25 in Wallkill. [10/7/10]

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