The 2009 Stimulus Package

Last Friday, the U.S. House of Representatives and Senate approved the conference report for the American Recovery and Reinvestment Act of 2009, otherwise known as the 2009 Stimulus Package. At $789 billion, the package is what the New York Times calls the “most expansive unleashing of the government’s fiscal firepower in the face of a recession since World War II.” Next week, this Newsletter will include a summary of the Act’s sustainability and environmental impacts, including the approximately $150 billion earmarked for public works projects for transportation, energy and technology. The final text of the legislation is available at The White House website.

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