American Recovery And Reinvestment Analysis

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The American Recovery and Reinvestment Act was a packaged of $787 billion to rescue states from the 2008-2009 Great Recession. The package was passed by the Congress in order to stimulate the economy with targeted tax cuts, job creation, and government investments. The main goal of the package was to save and create jobs immediately. The package also intended to invest in education, health, infrastructure, and renewable energy, and provide relief programs for the most affected individuals and business by the recession. Almost $300 billion of the stimulus was used to help state and government programs, including $87 billion for Medicaid programs and a $53.6 billion state fiscal stabilization found to avoid deep cuts in education and emergency

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