Newsletters Document Overview
Spending Update: The American Recovery and Reinvestment Act
| Authors: | Shawn P. McCarthy, Thom Rubel |
| Document # | GI223384 |
| Published | May, 2010 |
| Document Type | Perspective |
| Number of Pages | 10 |
Overview
This IDC Government Insights Perspective provides updated American Recovery and Reinvestment Act (ARRA) spending, which we previously reported in Capitalizing on the American Recovery and Reinvestment Act: An Accurate View of Addressable Spending, with Advice for Agencies and Vendors (IDC Government Insights #GI221113, December 2009). The ARRA was enacted by Congress in February 2009 and dedicated roughly $787 billion in funding — with a goal of helping to stimulate a struggling U.S. economy and pushing the country toward economic recovery. ARRA funds started to trickle out to recipients by mid-2009. The funding flow has steadily increased, and 2010 will see the highest level of spending, which will continue through 2011.
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