American Recovery and Reinvestment Act (ARRA)
February 17th, 2009 by
Chandell Asuncion
Congress Approves Stimulus Package
Congress on Friday approved a nearly $800 billion package to jump-start the sagging economy through a combination of tax cuts and government spending.Known as the American Recovery and Reinvestment Act (ARRA), the plan involves unprecedented amounts of federal funds for education programs, some of which will affect students in religious and independent schools.
The Council for American Private Education (CAPE) has published details about the bill and its impact on private schools in a concise summary of the ARRA, on its website at http://www.capenet.org/new.html.
Source: http://www.hais.org – Robert Witt, Executive Director and Cynthia Jordan, Communications Director
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