Economic Recovery
The Wall Street Journal has proclaimed that, “Government efforts…appear to be helping the U.S. climb out of the worst recession in decades.” The Journal reported that recovery “money out the door -- combined with the expectation of additional funds flowing soon -- is fueling growth above where it would have been without any government action.”
The American Recovery and Reinvestment Act was passed to help rebuild America, create and save jobs, give American workers tax cuts; and invest in both local and our national economy.
Press Releases:
July 28, 2009 - $11.6 Million to Hire Police in Contra Costa and Solano Counties
July 16, 2009 - $2 Million for Economic Development Projects
July 8, 2009 - Local Veterans Hospitals to get Energy Efficiency Money
March 6, 2009 - $2.1 million for Crime Prevention Programs
Feb 13, 2009 - House Approves Major Investment in Water Recycling
Newspaper Articles:
Vallejo Times Herald - Vallejo to receive $1 million
West County Times - West County Facilities Receive Federal Infusion
Schools will also benefit from a $54 billion State Fiscal Stabilization Fund to help stabilize state and local budgets and restore harmful cuts to education. California will be the first state in the country to receive state fiscal stabilization funds. $4 billion has already been released to help school districts this year.
Over 744,000 California students will benefit from an increase in Pell Grants and as many as 522,000 Californians will benefit from the College Tax Credit. A well-trained, college-educated workforce is key to a strong American economy and middle class.
Read more about Higher Education Funding
Recovery Funding in California
California is projected to receive over $26 billion in economic recovery funding from the Recovery bill. This includes at least $10 Billion in funding for Medi-Cal to help millions of Californians access health care. It also includes funding for public services, funds for job training programs and money to rebuild and repair our roads and bridges. Estimate of all funds for California.
We still have a long way to go rescue our economy. But the Recovery Act is a necessary and critical first step to start us down the right path.
Recovery.CA.gov whitehouse.gov/recovery
www.recovery.gov or
The federal government has estimated that the Recovery Act will create 396,000 jobs in California, this site details how the estimated $85 billion is being spent throughout the state.
The President and Vice President announced the Road to Recovery this summer and will be telling the stories of recovery from communities all over the US.
ci.richmond.ca.us/stimulus
The City of Richmond's site for tracking and communicating how the economic stimulus funds are being spent at home in the Bay Area.
http://www.co.contra-costa.ca.us/index.aspx?NID=2347
Contra Costa County's site for tracking recovery funds throughout the County.

*Please note the funding information provided is not comprehensive and is considered an estimate. Complete information will be available at recovery.gov as it becomes available in the coming months.
Posted by Peake, Amy at 05:57PM | | Comments ()






