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A direct response to the economic crisis, the Recovery Act has three immediate goals: Create new jobs and save existing ones. Spur economic activity and invest in long-term growth. Foster unprecedented levels of accountability and transparency in government spending.
American Recovery and Reinvestment Act (ARRA), legislation, enacted by the U.S. Congress and signed into law by Pres. Barack Obama in 2009, that was designed to stimulate the U.S. economy by saving jobs jeopardized by the Great Recession of 200809 and creating new jobs.
Criticisms have ranged from arguments that the stimulus was too small to be effective to assertions of ARRAs failure to address the shortage of qualified workers in the labor force.
Implementing the American Recovery and Reinvestment Act of 2009. The FCC worked in coordination with the National Telecommunications and Information Administration (NTIA) to perform the FCCs role under the Recovery Act.
The three major goals of ARRA are to create and save jobs; spur economic activity and invest in long-term growth; and support accountabilities and transparency in recovery spending.
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The American Recovery and Reinvestment Act (ARRA) was an economic stimulus package created in the wake of the 2008 Great Recession. The purpose of the act was to stimulate the economy by preserving jobs and creating new ones. The act included programs targeted to education, infrastructure, healthcare, and more.
The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17th, 2009.
The components of the ARRA were measures to stimulate the U.S. economy during the Great Recession. These measures included tax cuts, loan guarantees, and government spending, focusing on financial assistance to families, infrastructure, education, healthcare, renewable energy, and small businesses.

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