The American Recovery and Reinvestment Act Becomes Law
On Tuesday, February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA), which provides $787 billion in economic stimulus funding through spending programs, tax cuts and other provisions.
Included in the stimulus package is funding for several grant-in-aid programs. Virtually all of these programs already exist and the rules governing them are known by states. This Budget Brief will therefore focus on components of the bill that are a departure from current law.
Table 1 lists state-by-state allocations for several individual grant programs included in the bill. Table 2 provides an inventory of grants funded under ARRA, including competitive grants.