American Recovery and Reinvestment Plan

LilOlLady

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Apr 20, 2009
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News About the American Recovery and Reinvestment Plan
04/01/2009

Today, Education Secretary Arne Duncan announced the release of $44 billion for states and schools included in the American Recovery and Reinvestment Act. Click here to learn more about funding made available today in your state>>
Associated Press – Administration releases stimulus money for schoolsThe Obama administration has released the first round of school dollars from the economic stimulus package…

The administration made available half of the dollars for federal programs that fund kindergarten through 12th grade and special education. In addition, Duncan will provide applications for states to get money from a special fund to stabilize state and local budgets… [4/1/09]

Austin Post-Bulletin (Minnesota) – Paychecks rise as withholdings go down

Your paycheck probably just got bigger, and it's not an April Fools' Day joke.

April 1 is the deadline for companies to start withholding less of your income for taxes, in other words, giving you more of your own money. It's part of the "Making Work Pay Tax Credit," a federal effort to stimulate the economy by getting a little more spending money into the pockets of U.S. citizens…

"I think it will help us pay our daily bills," said Sally Garry, of Austin. "It will help pay for groceries definitely." … [4/1/09]

USA TODAY – Stimulus-funded highway projects underway

The early federal stimulus money appears to be hitting its target, paying for new projects and creating jobs, according to a USA TODAY review of some of the first projects funded.

Most early spending is flowing, as planned, into "shovel-ready" projects — a new bridge over a Louisiana bayou, the widening of a mountain road in Colorado — that wouldn't have occurred this year without stimulus money… [4/1/09]

Nevada Appeal – State to get $25 million from stimulus for job training

Nevada workforce training programs will get a $25 million infusion of cash from the federal stimulus package…

Director of Administration Andrew Clinger said the money is part of the stimulus unemployment funding and will come in three separate contracts to provide training to adults, young people and adults who have been “dislocated.” … [4/1/09]

Livingston Community News (Michigan) – Stimulus projects announced for Livingston roads

The federal government will spend $8.5 million on seven Livingston County highway and road projects this year, as part of President Barack Obama's $787 billion federal economic stimulus program, known as the American Recovery and Reinvestment Act…

Michigan Gov. Jennifer Granholm signed legislation Tuesday authorizing Michigan to spend $873 million of the federal recovery money on hundreds of road and transit projects that will create about 25,000 jobs… [4/1/09]

Southern Maryland News – Clinic saved by stimulus

Patients of a troubled medical clinic in Nanjemoy got a ray of hope last week in the form of $270,000 in federal funding to keep the office's doors open.

The grant, phttp://www.silive.com/news/advance/index.ssf?/bart of the recently passed federal stimulus package, will keep the clinic functioning for another two years, according to a spokesman for Greater Baden Medical Services, the clinic's parent organization. [4/1/09]

THIS IS YOUR MONEY AT WORK AS YOU WANTED. WHAT THE HELL ARE YOU VILLAGE IDIOTS COMPLAINING ABOUT.
OBAMA IS NOT FAILING. THIS WAS JUST IN APRIL OF 2009 AND IT'S STILL WORKING. PEOPLE ARE COMPLAINING BECAUSE IT IS KILLING THEM THAT OBAMA IS NOT FAILING.


"I let no man drag me down so low as to make me hate him."
 
Economists Say Geithner, Obama No Longer Failing - Real Time ...
... Geithner may not have moved to the head of the class in the latest Wall Street Journal forecasting survey, but at least they're no longer failing. ...
blogs.wsj.com/economics/2009/04/09/.../tab/article - 83k - Cached
 
April 1 is the deadline for companies to start withholding less of your income for taxes, in other words, giving you more of your own money. It's part of the "Making Work Pay Tax Credit," a federal effort to stimulate the economy by getting a little more spending money into the pockets of U.S. citizens…

A silly little shell game that doesn't change anyone's tax rate.

You could achieve the same "tax cut" by increasing the number of your dependents on your W-4.
 
April 1 is the deadline for companies to start withholding less of your income for taxes, in other words, giving you more of your own money. It's part of the "Making Work Pay Tax Credit," a federal effort to stimulate the economy by getting a little more spending money into the pockets of U.S. citizens…

A silly little shell game that doesn't change anyone's tax rate.

You could achieve the same "tax cut" by increasing the number of your dependents on your W-4.

And what happens next year when you find you OWE now instead of getting a refund? The Government hates paying refunds. I am sure if they thought they could collect they would stop all withholding on any segment they thought would still pay on April 15.
 
The feds LOVE giving refunds, as it means that they got to use your money for a year free of interest.

The only reason that there is withholding is that if the normal employee had to go through all the quarterly reporting and paying of taxes out-of-pocket, there would have been a massive tax revolt decades ago.
 

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