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On A Path To Economic Recovery

Posted on by Karina

On February 13th, Congress passed the final American Recovery and Reinvestment Act to save and create millions of jobs, get our economy moving again, and transform it for long-term growth and stability by investing in America's infrastructure. Despite difficult unemployment news last month, the Recovery Act is beginning to work–according to Mark Zandi of Moody's Economy.com, without the stimulus, the economy would have lost about 500,000 more jobs in the last three months:

click for larger graph

Click here for a larger graph>>

Congress will continue to work with President Obama in taking aggressive action to create and save jobs while investing in clean energy, education, and affordable health care to ensure a full economic recovery that will last for generations to come. As Speaker Pelosi said last week, “this is a time for bold, bipartisan action because Americans who are losing their jobs, homes and health care cannot afford wait.”

Learn more about the progress, and oversight, of Recovery Act funds on recovery.gov>>

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