Friday, April 3, 2009

American Recorvery and Reinvestment Act of 2009

It's been a bit of time since we first heard this Act title mentioned. I thought I'd surf the web and see what's being said about the Act.

Senator Harry Reid, from Nevada, has the best explanation of the monies funneled to different areas and how that specifically affects the State of Nevada. My hat is off to him and his staff for being proactive, and getting this out in an understandable way for all concerned.

The SBA's Kansas City District Office has a great PDF piece--which is succinct, concise and understandable--which you can read through here (note, it is very general--so what you read there applies to PA as well).

I highly recommend the umbrella site RECOVERY.gov which is updated regularly and has a wealth of information for all affected by the stimulus and business stabilization programs.

Finally, here is a good outline of what faces SBA as it creates its new Business Stabilization Loan program as mandated by Congress.

I am hoping one of our own legislators takes on the task of putting out a "How ARRA Affects PA" document. I could not find a single source for this information. If you do, please let us know in the comments section.

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