On Feb. 13, 2009, Congress passed the American Recovery and Reinvestment Act of 2009 at the urging of President Obama, who signed it into law four days later. 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
The Recovery Act intends to achieve those goals by:
Providing $288 billion in tax cuts and benefits for millions of working families and businesses
Increasing federal funds for education and health care as well as entitlement programs (such as extending unemployment benefits) by $224 billion
Making $275 billion available for federal contracts, grants and loans
Requiring recipients of Recovery funds to report quarterly on how they are using the money. All the data is posted on Recovery.gov so the public can track the Recovery funds.
I suggest those who want to be informed read the link to Recovery.gov and not take Fox News and Foxfyer as the final word. Cherry picked stats and facts may fool some of the people all of the time (a shout-out to CrusaderFrank and Stepanie) but you can't fool all of the people all of the time.
So we ignore the reports from Fox, CBS, ABC and elsewhere and believe the administration when they tell us they're doing a great job?
You're serious about that aren't you.
Yes he is....hook, line, and sinker.