February 17, 2012 |
THREE YEARS ago today, in his first major act in office, President Obama signed into law the American Recovery and Reinvestment Act. It stirred a great debate. Some called it too big; others, too meager. With just a handful of exceptions, Republicans maligned it as the absolute wrong approach to creating jobs. Today, that argument is settled. The Recovery Act did what we asked of it. Three million jobs were created or saved. Essential investments in keeping teachers on the job, building a domestic clean-energy industry, and repairing our roads and bridges have helped to foster the economic growth that we are now starting to see. The president is building an economy meant to last, and the Recovery Act is part of the foundation.
December 7, 2010
With so much focus on energy efficiency these days, it's hard to believe that dozens of South Jersey municipalities haven't applied for $20,000 in no-strings grants to conduct energy audits that could point to substantial savings. The grants, plus funding to implement energy efficiencies, are available through a federal stimulus program under the American Reinvestment and Recovery Act. With a deadline to apply of Dec. 31, it's good to see that the energy audits are being promoted by volunteers in the "Jersey Call to Service," a program of the Citizens' Campaign, which seeks to involve citizens in their communities.
August 13, 2010 |
Carl Greene tried to be tactful. At a groundbreaking Thursday, the executive director of the Philadelphia Housing Authority (PHA) described a former public housing project at 72d Street and Paschall Avenue as "attractive for antisocial behavior. " Read: drug-dealing on such a colossal scale that it led to a federal sting and the arrests of 22 people in 2006. At the time, federal agents and Philadelphia police pledged to rid the area of crime. And Greene vowed to raze the fortress-style apartment complex and replace it with a livable, secure community.
May 13, 2010 |
THE AMERICAN Recovery and Reinvestment Act is generating jobs and investments in an area in which Philadelphia is already a leader: higher education and scientific research. Philadelphia's future as an intellectual mecca and catalyst of scientific discovery is thus assured. The region's wealth of scientific and academic institutions make it a target for federal research dollars and the selection of local grant recipients is further aided by Sen. Arlen Specter, whose support for medical and scientific research is well known.
February 17, 2010 |
Nearly a year ago, Congress took a decisive step to shore up an economy in free fall by passing the $787 billion stimulus bill. Since then, we have seen millions of Americans enter the ranks of the unemployed, billions of dollars spent on economic recovery, and quarterly growth swinging from the largest decline in a generation to positive territory in the same year. Cut through all the numbers, though, and this is what you find: The American Recovery and Reinvestment Act saved us from plunging into a second Great Depression.
January 6, 2010
Less than a year after approving a $787 billion plan to fight the recession, Congress is poised to spend another $174 billion for the same purpose. Not so fast. This latest "jobs bill" covers much of the same ground that was addressed in the earlier, costlier economic recovery act. And much of the money from the first antirecession program hasn't even been spent yet. The country can't afford the full price tag of this second "stimulus" measure, approved last month by the House.
November 10, 2009
WHEN 219 Democrats - and one Republican - passed the Affordable Health Care for Americans Act just before midnight on Saturday, there was loud cheering and extended applause in the House of Representatives. It was deserved. In 60-plus years of talking about it, a bill aimed at providing universal health insurance had passed a house of Congress. It was an historic victory. So why did the celebration feel so hollow? What should have been a sweet victory was soured by the razor-thin margin of the House bill's passage.
October 30, 2009
WE HAD our worries about President Obama's American Recovery Act from the time it was announced that $787 billion would be released to states and cities. Not because it wasn't a good idea to unleash wads of cash to stimulate the economy and create lots of jobs, but because from the beginning, the directive was to spend the money as quickly as possible. Governments, large piles of money and speed are never a good combination. Now, the news of how the city has done so far on managing the process of getting that federal money brings a new worry.
September 3, 2009 |
The state should reevaluate its role in Camden, Assembly Speaker Joseph J. Roberts Jr. said yesterday, suggesting that local officials be given more control over city affairs. A reassessment of the state's authority in Camden could come this year, he said. Roberts was a sponsor of the 2002 Municipal Rehabilitation and Recovery Act, which put Camden under state control for five years and directed $175 million in state funding to the city. In 2007, that control was extended to 2012, with the option of another extension to 2017.