January 16, 2009
To learn more about Lathrop GPM, click here ›
Introduction of American Recovery and Reinvestment Act
Yesterday afternoon, House of Representatives Committee on Appropriations Chair Dave Obey introduced legislation that proposes to save or create over 3 million jobs while investing in priorities like healthcare, energy, and education to jumpstart economic growth. This Act represents not just new policy, but a new approach to meeting our country's most urgent challenges.
In the next two weeks, the Congress will be considering the American Recovery and Reinvestment Act of 2009. This package is the first step in an effort to create and save jobs, invigorate our economy, and begin the process of transforming it for the 21st century with $275 billion in economic recovery tax cuts and $550 billion in investments.
The package contains targeted efforts in:
Creating Clean, Efficient, American Energy
Transforming our Economy with Science and Technology
Modernizing Roads, Bridges, Transit and Waterways
Expanding Education for the 21st Century
Providing Tax Cuts to Make Work Pay and Create Jobs
Lowering Healthcare Costs
Helping Workers Hurt by the Economy
Saving Public Sector Jobs and Protect Vital Services
Gray Plant Mooty's Economic Recovery team is closely monitoring this new legislation and has already begun a comprehensive analysis of its impact on our clients. In addition to providing frequent e-alerts on changes to the Act, GPM's Economic Recovery team will host a related client program once the Act is finalized.
© 2020 LATHROP GPM, ALL RIGHTS RESERVEDCLICK HERE TO UNSUBSCRIBE | POWERED BY FIRMSEEK
The information contained in this document is provided to alert you to legal developments and should not be considered legal advice. It is not intended to and does not create an attorney-client relationship. Specific questions about how this information affects your particular situation should be addressed to one of the individuals listed. No representations or warranties are made with respect to this information, including, without limitation, as to its completeness, timeliness, or accuracy, and Lathrop GPM shall not be liable for any decision made in connection with the information. The choice of a lawyer is an important decision and should not be based solely on advertisements.
If you do not wish to receive any further communication from Lathrop GPM LLP, please send an email to email@example.com with the subject UNSUBSCRIBE.