The American Recovery and Reinvestment Act is a well-targeted infusion of cash to get our economy moving again after 14 months of recession and no end to escalating job losses in sight. The president’s swift response to the deep economic mess he inherited will stop the accelerating downward spiral of our economy and set the stage for a broad-based recovery in the years ahead.
The recovery package, really a "job generating-machine," aims to begin to restore our economy to health by putting people back to work, and by making investments that will lay the foundation for long-term economic growth. Two-thirds of the package is government spending and the remainder is tax cuts, the largest of which are targeted at working families.
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