President Signs Economic Recovery Package as Agencies Prepare

Today, President Barack Obama signed the American Recovery and Reinvestment Act of 2009. As previously discussed on this site, the legislation provides critical funding for research and student aid. Additionally, assistance is included for state governments so that they are able to lessen the severity of cuts to education and other critical services. At present, the… Read More

Economic Recovery Package Finalized

House and Senate negotiators have finalized an economic recovery package conference report, which passed the House on a largely party-line vote Friday afternoon and will pass the Senate in the late evening. The $787 billion package includes significant funding for research and student aid, but does not provide resources desired specifically for higher education infrastructure… Read More

Speaker Pelosi Releases Fact Sheet on Economic Recovery Package Conference Report

House Speaker Nancy Pelosi released the fact sheet below on the economic recovery package conference report that is being prepared for a final vote in the House and Senate. The information below should be treated as preliminary. We will provide additional information as it becomes available. The conference report on American Recovery and Reinvestment Act… Read More

House and Senate Reach Agreement on Recovery Package

House and Senate negotiatiors, in collaboration with White House Chief of Staff Rahm Emanuel and Office of Management and Budget Director Peter Orszag, worked throughout Tuesday night and well into Wednesday to reach an agreement on a $789 billion economic recovery package. The proposed bill is less than the figures that emerged from the House and… Read More

Senate Approves Economic Recovery Package

As expected, late Monday afternoon, the Senate voted to advance the “Nelson-Collins Amendment” to the proposed economic recovery package. The amendment, drafted primarily by Senators Ben Nelson (D-NE) and Susan Collins (R-ME), trimmed the size of the underlying economic recovery bill by approximately $100 billion and garnered enough support (on a 61-36 vote ending debate)… Read More

Senate Considering Amendments to Economic Recovery Package

A procedural rule requiring that 60 senators vote to end debate on a piece of legislation has necessitated a more bi-partisan approach to passing an economic recovery in the Senate as compared to the House of Representatives. A series of amendments are expected to be offered and voted on throughout the day, as has been… Read More

Fiscal Year 2009 Omnibus Appropriations Bill Possible Soon

The House of Representatives may take up an omnibus fiscal year 2009 appropriations bill this week, which would fund many federal agencies through September 30th of this year. House Majority Leader Steny Hoyer (D-MD) indicated, last week that he would seek to advance the legislation in the next few days, even though work on the… Read More

Economic Recovery Package Set for Consideration by Full Senate

Last week, the House of Representatives passed (H.R.1) an $819 billion economic recovery package. The measure includes $550 billion in spending and $275 billion in tax provisions. The legislation passed the House on a 244-188 party line vote. This week, the Senate will continue consideration of its own version (S.1) of an economic recovery package…. Read More