The American Recovery and Reinvestment Act of 2009 is One of the Most Significant Economic Recovery Bills Passed Since the Great Depression
The following includes a summary of the key provisions of the American Recovery and Reinvestment Act of 2009, which contains a package of spending provisions and tax incentives with an estimated cost of $787 billion. While the implementation processes have not yet been fully developed, the stimulus bill clearly demonstrates the priorities of the U.S. Congress and the Obama administration with respect to dealing with the financial and economic crisis currently facing the United States as well as the rest of the world. Several industry sectors in the American economy will benefit from the stimulus bill and the below blogs discuss some of those key areas.
Note: You can view a comprehensive chart as well.