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2009 Stimulus Package Distribution of Funds

On February 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 (HR 1). The Act includes a total of $787.2 billion in spending and tax cuts, including $308 billion in appropriated spending, $269 million in direct spending (refundable portion of tax credits, Unemployment assistance, Medicaid reimbursement to states, etc) and $211 billion in tax cuts. $140 billion for construction spending was included in the plan. The table below outlines how the money will be distributed, which is typically through state governments.

Additional information regarding the American Recovery and Reinvestment Act can be found on the Obama administration’s web site www.recovery.gov website. In addition, many federal agencies have already established their own Recovery Act web pages. For more information, visit http://www.recovery.gov/?q=content/agencies.

For a complete list of the 2009 Stimulus Package's distribution of funds (in .pdf format), click here.

For more information, contact Stephanie Salmon, Metalcasting Industry Government Affairs Washington Office, at ss@wafed.com or 202/842-4864.

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