President Obama Marks 100 Days of Recovery With '100 Projects, 100 Days' Report

President Obama Marks 100 Days of Recovery With '100 Projects, 100 Days' Report Washington, D.C. Since President Obama signed the American Recovery and Reinvestment Act 100 days ago, resources have made their way into African American communities with investments in schools, health care, clean energy and other infrastructure projects saving or creating thousands of jobs. The Recovery Act is providing relief in hard hit areas and extending opportunity to those out of work and looking for a new path to prosperity. President Obama signed the American Recovery and Reinvestment Act into law on February 17, 2009. Just 100 days into the two-year economic recovery program, over $112 billion in Recovery Act funds has been obligated to stimulative programs and projects and over 150,000 jobs have been created or saved by the Recovery Act. In addition to providing immediate relief measures for American families like the Making Work Pay tax credit and a 65 percent reduction in COBRA health insurance premiums, the Recovery Act also provides new and expanded energy-efficiency and first-time homebuyer tax credits that are driving fresh consumer demand and makes multi-billion dollar long-term investments in high-speed rail, broadband access, a nationwide smart energy grid and a modern health information technology system. For the entire story, subscribe to the Indiana Herald!

President Obama Marks 100 Days of Recovery With
'100 Projects, 100 Days' Report

Washington, D.C.

President Obama

Since President Obama signed the American Recovery and Reinvestment Act 100 days ago, resources have made their way into African American communities with investments in schools, health care, clean energy and other infrastructure projects saving or creating thousands of jobs. The Recovery Act is providing relief in hard hit areas and extending opportunity to those out of work and looking for a new path to prosperity.

President Obama signed the American Recovery and Reinvestment Act into law on February 17, 2009. Just 100 days into the two-year economic recovery program, over $112 billion in Recovery Act funds has been obligated to stimulative programs and projects and over 150,000 jobs have been created or saved by the Recovery Act.

In addition to providing immediate relief measures for American families like the Making Work Pay tax credit and a 65 percent reduction in COBRA health insurance premiums, the Recovery Act also provides new and expanded energy-efficiency and first-time homebuyer tax credits that are driving fresh consumer demand and makes multi-billion dollar long-term investments in high-speed rail, broadband access, a nationwide smart energy grid and a modern health information technology system.