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News About the American Recovery and Reinvestment Plan

Associated Press - Buffett says government is doing the right things

… “Overall, I commend the actions that were taken,” Buffett said. But he said no one should expect perfection because the economy experienced a “financial hurricane.”

But Buffett said he can't predict how quickly the economy and the markets will improve. He said last fall that the U.S. was facing an “economic Pearl Harbor.”… [5/2/09]

Florida Today - Seniors, veterans get $250

Senior citizens and veterans will be getting an extra $250 this month from the federal government.

The American Recovery and Reinvestment Act of 2009 provides the one-time payment to adult Social Security beneficiaries. Nationally, 55 million people are eligible for the payments. In Brevard County, 128,523 people are eligible, according to Social Security officials… [5/4/09]

Rockford Register Star (Illinois) - Road crews to tackle $300M in projects

Slow down this summer; some people are getting back to work.

It'll be one of the busiest road construction seasons in recent memory, with crews working on more than $300 million in projects. Those range from giant multiyear projects on the Illinois Tollway and some key state roads to quick-fix resurfacing projects.

“It's going to seem like we're working everywhere,” said John Wegmeyer, Illinois Department of Transportation project implementation engineer… [5/4/09]

Arkansas Democrat Gazette - Military embraces 'green' energy

…The desert base, which houses the Army's premier training center for troops deploying to Iraq and Afghanistan, has become a testing ground and showcase for 'green' initiatives that officials estimate could save the services millions, trim their heavy environmental 'boot-print' and even save lives in the war zones, where fuel convoys are frequent targets…

And there is financial impetus to act: President Barack Obama's economic stimulus package includes $120 million to improve the energy efficiency of defense installations and $300 million for military research into alternative power… [5/4/09]

Erie Times-News (Pennsylvania) - Expanded tax credit expected to help with college

Finals week. College students will tell you how tough it is.

But students and their parents will tell you how tough the rest of the year is, too, as they struggle to pay for books, tuition and other expenses.

But an expanded college credit, one piece of the $787 billion federal economic-stimulus package, will make it a little easier for low- and moderate-income families to pay the bills… [5/4/09]

Associated Press (Utah) - Utah police plan for stimulus funds from feds

Police agencies across Utah have big plans for their small share of some $2 billion in funds from the federal Recovery and Reinvestment Act…

The Utah Commission on Criminal and Juvenile Justice will get the largest allocation - $9.96 million. Program manager Richard Ziebarth says $4.45 million will go to state agencies to save some 45 jobs cut when state lawmakers trimmed the budget…

Funding to local agencies includes $678,627 to the Salt Lake County sheriff's office and $487,834 to Ogden police. [5/3/09]

Lockport Union-Sun & Journal (New York) - Stimulus spending creates jobs for older workers

Older Americans looking for work, take note: Experience Works.

The federal senior citizen job training and placement program has received a funding boost. It means the Niagara County office is able to help more seniors acquire the skills they need to land part- or full-time work in a variety of settings… [5/4/09]

Reuters - U.S. home sales suggest housing bottom near

Pending sales of previously owned U.S. homes rose in March for a second straight month, while construction spending edged higher, according to reports on Monday that suggested a moderation in the housing slump…

NAR Chief Economist Lawrence Yun attributed the rise in signed contracts for home purchases to first-time buyers taking advantage of the combination of low prices and mortgage rates, as well as an $8,000 tax credit, which made housing more affordable… [5/4/09]