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News About the American Recovery and Reinvestment Act

New Washington Post/ABC News Poll: Recovery Act Support 20% Higher Than Criticism
… there has been a notable increase in optimism about the length of the recession: Half of all Americans expect it to be over within the next 12 months. In February, just 28 percent said the recession would end that rapidly.

Obama's economic stimulus plan has come under attack from Republicans, who say it has failed to bring tangible benefits. But in the poll, almost twice as many say the program has made things better as say it has made things worse (43 percent to 23 percent), with a third saying the plan has had no effect. [Read More]

Newark Star Ledger (New Jersey) - Editorial: Some positive signs that stimulus is working
The Nelson A. Rockefeller Institute of Government, in a report released yesterday, credited the stimulus plan, in part, with having produced a net growth of 110,000 state and local government jobs since the recession began at the end of 2007. The billions of dollars in federal stimulus money helped offset the cost-cutting pressure and layoffs all levels of government face because of tax revenue declines.

Propublica, an independent, non-profit organization devoted to public interest journalism, did a progress study of 520 of the roughly 6,000 projects approved for stimulus money …

Approximately 30 percent of the projects sampled had 'broken ground by mid-summer,' contracts had been let for at least 66 percent and put out for bid on 76 percent -- the prelude, Propublica predicted, to 'an impending gusher of stimulus work in late summer and early fall.' [Read More]

Deseret News (Utah) - Local entrepreneurs benefit from Small Business Administration program
Six months ago, Robert Adams would never have guessed that he would be the owner of a profitable small business. But thanks in part to a government program, he and his wife, Teresa, are happy to be living their American dream.

The Adamses are beneficiaries of a U.S. Small Business Administration effort funded through the American Recovery and Reinvestment Act. The program appropriated $730 million dollars in funding to the agency, aimed at expanding access to investment capital for small businesses nationwide. [Read More]

Loveland Reporter-Herald (Colorado) - Ground breaks on Crossroads interchange
… the project that [Gene] Pielin, U.S. Rep. Betsy Markey and others broke ground on Thursday will, they hope, alleviate congestion and traffic problems around the busy interchange at Crossroads Boulevard in northeast Loveland.

The project is partially funded by money in the American Recovery and Reinvestment Act, better known as the federal stimulus package.

The project will employ 150 people directly, said Pielin, and perhaps another 400 indirectly.

 “It's creating jobs,” Markey said. “It's improving safety in the transportation system, and it's improving the quality of life in the area. It's really important we keep pace with our transportation infrastructure.” [Read More]

WBBM-780 (Illinois) - Stimulus Money Means Real Jobs
A lot of the federal recovery funds slated for this state are for road projects. Dick Smith, the Illinois Department of Transportation's director of Planning and Programming, says yes, that money means jobs.

He says IDOT uses a formula of 12 jobs created for every million dollars of investment.
Smith says there have been 1332 direct jobs created, as of Wednesday.
As more contracts are awarded and construction continues, of course the number will go up. [Read More]

CNNMoney.com - Airport stimulus deal protects jobs - and planes
Steven Ozuna had 15 pink slips ready to distribute to his employees. Like many small companies, his engineering firm was struggling to land new business, and Ozuna needed to cut costs…

But before he had the chance to deliver the bad news, the company was tapped by the FAA to take on a contract that became available thanks to Recovery Act funding…

Ozuna signed a contract on May 15 for $2.56 million to install RLMS at nine airports. A month later he signed a second contract for another airport that brought the total up to $2.85 million. [Read More]

The Ledger-Enquirer (Georgia) - Recovery Act money to aid projects in Georgia, Alabama
U.S. Commerce Secretary Gary Locke announced today that $40 million will go for critical hydrographic survey and chart projects across the United States that, he said, will strengthen the economy and create jobs in addition to supporting safe and efficient marine commerce and trade.

A Georgia/Florida project will get $3 million. The Brunswick, Ga. port is expanding after recent dredging operations…

A Florida/Alabama project will get $3.4 million... [Read More]

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