Stimulus

CBO 2010 Budget & Economic Outlook

Tuesday, January 26, 2010

Congressional Budget Office Director Doug Elmendorf spoke at the National Press Club about the Budget and Economic Outlook for 2010 which is forecasting a $1.35 trillion deficit. The CBO is a non-partisan agency that forecasts the budgetary impact of legislation.
watch CBO FY 2010 Budget Outlook   
read CBO Report

Recent Programs

GAO Releases Report on States & Stimulus: One Year Later The Gov't Accountability Office released a new report on states' use of stimulus funds, one year after the passage of the Recovery Act. This is the fifth in a series of reports on 16 selected states. Also, a group of Democratic senators asked the Treasury Dept. to suspend a clean-energy grant program in the stimulus law that has paid out more than $1 billion to foreign manufacturers.
Washington, DC
read GAO Report    read Vice President Biden’s Reaction    read Senators' Statement

About This Page

The $787 Billion American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Obama on February 17th, 2009. Known as the economic stimulus law, it was passed to jumpstart the U.S. economy as well as to save and create more than 3.5 million jobs over the next two years.

Recovery Progress Report:
As of March 2, $345.9 billion of the $787 billion stimulus has been committed to states; $194.9 billion has been paid out.

This website contains news conferences, hearings and Congressional debates on the stimulus as well as links to government and watchdog groups who are tracking spending.

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