Fiscal Service Information Related to the American Recovery and Reinvestment Act of 2009
Overview of the American Recovery and Reinvestment Act of 2009 (Recovery Act)
The Recovery Act was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need. Learn more on recovery.gov.
Implementing the American Recovery and Reinvestment Act of 2009 (Recovery Act)
The Bureau of the Fiscal Service Administrative Resource Center provides services for federal agencies including accounting, procurement, human resources, investment management and information technology. There are provisions in the Recovery Act that provide funding for programs for some of the agencies that we serve. Although Fiscal Service does not have a direct role in implementing the Act, we are helping these agencies to fulfill their program responsibilities.