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The American Recovery and reinvestment act of 2009 is an initiative taken by the 11th United States congress and signed by President Barrack Obama. This is an economic stimulus package which is taken to address the current downturn faced by the US. The measures taken by this act are estimated to be worth $787 billion. The actions to be taken by this act includes federal tax relief, expansion of unemployment benefits and other social welfare provision, and domestic spending in education, health care, and infrastructure which also includes energy sector.

   This act is introduced so that the economic downturn and the recession faced by the US can be timely and quickly addressed. While introducing the act the government said that the economic crisis of this magnitude has not occurred since the great depression and thus it  needs to be rectified soon and for this the act represents a strategic and significant – investment in our country’s future.

The act will save and create three to four million jobs, 90 percent of them will be in the private sector. It will also provide more than $150 billion to low-income and vulnerable households. The act introduced by the Obama government surely seems to be a good plan, but the success of this act will have to be seen in the coming testing times.

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