American Recovery and Reinvestment Act (ARRA) Passed

A direct response to the economic crisis, the Recovery Act (also referred to as the ‘Stimulus Package’) provided $288 billion in tax cuts and benefits for millions of working families and businesses, and increased federal funds for entitlement programs, such as the federal matching assistance percentage (FMAP) used in calculating Medicaid direct billing and administrative program claims, by $224 billion. All data has been posted on Recovery.gov so the public can track the Recovery funds.

Read the ARRA Public Law 111-5 Feb 2009…