The Economic Stimulus: It’s all about doing more
May 27, 2009
During his January 20 inauguration speech, Barack Obama pledged: “We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.”
Nearly a month later, the newly elected 44th president of the United States signed into law the American Recovery and Reinvestment Act of 2009 (ARRA). The purpose of the new legislation, otherwise known as “Economic Stimulus Act,” is straightforward: Jumpstart the economy by creating jobs through temporary federal funding of projects that invest in our nation’s future; and from a telecommunications perspective, fund broadband deployment that delivers on the longtime promise of providing enhanced broadband services to all Americans...
During his January 20 inauguration speech, Barack Obama pledged: “We will build the roads and bridges, the electric grids and digital lines that feed our commerce and bind us together.”
Nearly a month later, the newly elected 44th president of the United States signed into law the American Recovery and Reinvestment Act of 2009 (ARRA). The purpose of the new legislation, otherwise known as “Economic Stimulus Act,” is straightforward: Jumpstart the economy by creating jobs through temporary federal funding of projects that invest in our nation’s future; and from a telecommunications perspective, fund broadband deployment that delivers on the longtime promise of providing enhanced broadband services to all Americans...
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