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News About the American Recovery and Reinvestment Act

Yesterday, Vice President Joe Biden announced that 10,000 transportation projects are now under way in all 50 states and the District of Columbia thanks to the American Recovery and Reinvestment Act.  Transportation projects throughout the nation shave helped save and create jobs, and maintained and enhanced the nation's transportation network.

“The 10,000 transportation projects under way are already helping put us on the road to economic recovery, but there is even more to come,” said Vice President Biden. “This spring, Recovery Act projects will pick up the pace across the country, providing even more jobs improving America's roads, highways and bridges.” [3/18/10]

Sacramento Business Journal (California) - Sacramento Unified gets $19M construction bond from stimulus

Sacramento City Unified School District has received a $19.3 million construction bond authorized by the federal stimulus, Congresswoman Doris Matsui announced Wednesday.

“Across California, schools have faced harmful budget cuts that put our children's development in jeopardy,” Matsui, a Sacramento Democrat, said in the news release. “I am pleased to announce today that funds from the Recovery Act will help to sustain and grow the public schools which serve Sacramento's youth. It is critical to our nation's continued success that the next generation receives the fullest education possible. With today's construction grant, Sacramentans will benefit immediately with the creation of local jobs, and for many years to come as our children enjoy improved learning facilities.” [3/17/10]

Salisbury Post (North Carolina) - N.C. schools will get construction bonds

The U.S. departments of Treasury and Education have announced the allocation of $188 million in school construction bonds to North Carolina under the American Recovery and Reinvestment Act of 2009.

According to a press release sent Wednesday by N.C. Rep. Larry Kissell, these bonds can be used to finance the construction, rehabilitation or repair of public school facilities or for the acquisition of land where schools will be built.

'Our education infrastructure demands immediate attention,' Kissell said in the press release. 'Charged with the all-important task of teaching our children, educators in North Carolina are forced to work in substandard, overcrowded facilities. At a time when budget shortfalls have made it all but impossible for the state to make substantial investments in facility improvements, these bonds will help meet the infrastructure needs being faced by the public schools of North Carolina.' [3/17/10]

The Boston Globe (Massachusetts) - 11 green projects get stimulus cash

Eleven Bay State projects will share $16.25 million in federal stimulus funding to demonstrate how buildings can save energy, creating nearly 500 jobs in the process, state officials said.

Some projects pledge to reduce annual energy use by 50 percent, while others plan to make use of new energy-saving technologies, like pellet stoves.  [3/19/10]

The Herald Sun (North Carolina) - Biden: Cree, clean-energy tax credit light the way

Companies such as Cree can help America be a leader in both environmentally friendly technology and manufacturing, Vice President Joe Biden told local officials and workers at the LED lighting maker Thursday afternoon.

Cree has hired 375 workers in the state since the start of 2009. The Durham-based company has received a $39 million advanced energy manufacturing tax credit through the American Reinvestment and Recovery Act that covers 30 percent of the cost of expanding its production abilities. The federal government has also given Cree $1.8 million in ARRA stimulus money for research and development.

The vice president said the Durham lighting business and energy-efficient product makers like it are helping bolster prospects for the middle class through the so-called green economy. [3/19/10]

San Francisco Chronicle (California) - Bay green-tech firms' successes highlighted

Eager to show that stimulus funds are helping small businesses, federal officials on Wednesday highlighted two Bay Area green-tech companies to prove their point.

'Thanks to the recovery act, small businesses are having a big impact,' Chu said, during a conference call with reporters. 'They're creating jobs and making our planet healthier and stronger.'

Solazyme won a $21.8 million grant from the U.S. Department of Energy last year to open a pilot biorefinery in Pennsylvania. The company, which has about 80 employees, estimates that opening the biorefinery will create 88 direct jobs and 250 indirect jobs. [3/18/10]

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