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American Recovery and Reinvestment Act (ARRA)

What is American Recovery and Reinvestment Act?

The American Recovery and Reinvestment Act (ARRA) is an economic Recovery package signed into law by President Barack Obama on February 19, 2009. The purpose of ARRA is to stimulate the U.S. economy in the wake of the economic downturn. The measures are nominally worth $787 billion. The Act includes federal tax relief, expansion of unemployment benefits and other social welfare provisions, and domestic spending in education, healthcare, and infrastructure, including the energy sector.

  • What this means for Colorado: 
    Colorado is expected to receive more than $7 billion in funding for benefits and services and tax relief. 
     
  • What this means for the Colorado Department of Labor and Employment: 
    The Recovery Act provides a wide range of benefits and services for people who lose jobs or need more training or support services related to re-entering the workforce.  The Recovery Act also provides funding to the department to clean the environmental contamination caused by leaking underground petroleum storage tanks and create jobs.

For more information on Colorado Department of Labor and Employment programs receiving ARRA funding please click the links listed below:  

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