Virginians To See Direct Benefits From Recovery and Reinvestment Act

When President Obama signs the “American Recovery and Reinvestment Act of 2009”  today Virginia will be in line to receive in excess of 4.6 billion in direct assistance to help save or create jobs, stimulate the economy, repair and improve infrastructure, and provide tax cuts to most Virginians … here’s an initial breakdown of areas where Virginia will see the benefits of passing this important legislation: 

  • budget shortfall assistance: $1.2 billion
  • supplemental medicaid assistance: $1.5 billion
  • transportation, infrastructure and technology: $900 million
  • education spending: $200 million
  • assistance for social programs $400 million
  • direct to taxpayer $400 million

Virginia’s Estimated Total: $4.6 billion

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