This powerpoint is making a brief overview of the American Recovery and Reinvestment Act (ARRA) and how it effects Education.

1. The American Recovery and Reinvestment Act By: Apollo Schuch

2. Introduction to the American Recovery and Reinvestment Act American Recovery and Reinvestment Act (ARRA) Passed on February 13, 2009 by the 111th US Congress Signed on February 17, 2009 by President Barack Obama Proposed by President Barack Obama (The Act) Author: U.S. Senate Office of Tom Coburn

3. The Importance of the ARRA The American Recovery and Reinvestment Act Proposed to help with current economic crisis The Act is designed to create jobs, jumpstart growth in economy, turn economy for competition in 21st century. (Berger, B. T., & Gaffney, S)

4. What is the ARRA? Economic Stimulus package Directed to respond to the economic crisis with three goals in mind: The creation of new jobs Stimulation of the Economy “Foster unprecedented levels of accountability and transparency in government spending”(The Act) Intended to relieve stress on the U.S Economy due to the economic downfall. (The Act)

5. What is the ARRA? cont. To achieve goals: Tax cuts and benefits Increase in education and health care funds Federal contracts, grants and loans Public records of stimulus spending (The Act)

6. What is the ARRA? cont. ARRA was signed for the amount of $787 billion. The funds are distributed through a series of loans and grants Funds used for multiple things like: Education Technology Energy And more… (Berger, B. T., & Gaffney, S. )

7. What is the ARRA? cont. Some specific uses for the ARRA funds Financial Aid directly to local school districts Expansion of Child Tax Credit Computerized health records Creation/Retention of jobs (Berger, B. T., & Gaffney, S)

8. The Impact of the ARRA on K-12 Education Increase in funds in local school districts Helps fund programs Extra-curricular and Curricular programs Better equipment and books More staff (Berger, B. T., & Gaffney, S) Author: strngwrldfrwl

9. The Impact of the ARRA on K-12 Education cont. Increase in technological advances More computers Up to date programs and systems Interactive and explorative (Berger, B. T., & Gaffney, S ) Author: Piotrus

10. What actions are being taken to implement ARRA in schools? More grant opportunities for schools Teachers use funds for many things Technological advancements Up to date textbooks Fieldtrips Lab materials and equipment

11. Possible future problems Distribution of funds Will the money go where it actually needs to? Who decides where the funds really belong? Author: SodaHead

12. Conclusion Stimulation of the economy Creation of jobs Better the quality of schools Better the quality and efficiency of everyday life

13. References Berger, B. T., & Gaffney, S. (April 2009). President Signs Stimulus Package. Government Finance Review. 25(2), 60-5. Piotrus. (2007, March 20). File:pitt wwph2 comuter lab.jpg. Retrieved from http://commons.wikimedia.org/wiki/File:Pitt_WWPH2_comuter_la b.JPG Recovery.gov (2009). The Act . Retrieved from http://www.recovery.gov/About/Pages/The_Act.aspx Recovery.gov. (2009). Track the money. Retrieved from http://www.recovery.gov/Pages/home.aspx

14. References cont. SodaHead. (2009). Shouldn't we have the most intelligent people in the country fix the economy?. Retrieved from http://www.sodahead.com/business/shouldnt-we- have-the-most-intelligent-people-in-the-country-fix-the-economy/question- 251496/?link=ibaf State of Michigan. (2009). Building MI Future: Michigan Recovery and Reinvestment Plan. Retrieved from http://www.michigan.gov/recovery strngwrldfrwl. (2001, April 03). File:classroom 843785861.jpg. Retrieved from http://commons.wikimedia.org/wiki/File:Classroom_843785861.jpg The Economic Stimulus Bill. (April 2009). Government Finance Review. 25(2), 4-5. U.S. Senate Office of Tom Coburn.(2006). File:coburn and obama discuss s. 2590.jpg. Retrieved from http://en.wikipedia.org/wiki/File:Coburn_and_Obama_discuss_S._2590.jpg