The multi-billion dollar American Recovery and Reinvestment Act of 2009 (ARRA) was an economic stimulus package enacted by Congress, and signed into law by President Barack Obama, last February.
As you may know, the $787 billion Recovery Act included federal tax cuts, the expansion of unemployment benefits and other provisions benefiting social welfare, education and the energy sector. What you might not be aware of is that the Act also included an earmark of $1,408,200,000 for the Department of Veterans Affairs.
According to the VA’s website, the funds provided by the Act will benefit veterans via the following:
- Improvement of medical facilities and national cemeteries
- Grants to assist states in acquiring/constructing State nursing homes
- Remodeling, modifying, altering existing facilities that furnish care to veterans
- Hiring and training temporary claims processors
- Pursuing needed IT systems initiatives
- Disbursing one-time payments of $250 to eligible veterans
- Overseeing and auditing programs, grants, projects funded by the Act
To see a breakdown of the $1.4 billion earmarked for the VA, go to the VA’s website.