The American Recovery and Reinvestment Act of 2009 (ARRA) is a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. The total cost of the stimulus package is estimated to be $787 billion, with $288 billion in tax cuts and $499 billion in spending.
The stated purpose of the stimulus package is to "create new jobs and save existing ones, while also investing in long-term economic growth." One of the key components of the stimulus package is the investment in the nation's infrastructure, including the electrical grid.
The electrical grid is the backbone of the nation's economy, and it is essential for the reliable and efficient delivery of electricity. The grid is aging and in need of significant upgrades and repairs. The stimulus package provides funding for these upgrades and repairs, which will create jobs in the short-term and help to ensure the long-term reliability of the electrical grid.
What is the American Recovery and Reinvestment Act of 2009 healthcare?
The American Recovery and Reinvestment Act of 2009 (ARRA) is a $787 billion economic stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. The ARRA's stated purpose was to save jobs and to help the economy recover from the effects of the late-2000s recession. The package included $288 billion in tax cuts, $112 billion in extended unemployment benefits, $275 billion in government spending, and $20 billion in aid to the automobile industry.
One provision of the ARRA was the $19.5 billion Health Information Technology for Economic and Clinical Health (HITECH) Act, which was designed to promote the adoption and meaningful use of health information technology (HIT). The HITECH Act included financial incentives for eligible professionals and hospitals to adopt and meaningfully use certified electronic health record (EHR) technology. The HITECH Act also created new privacy and security rules for protected health information under the Health Insurance Portability and Accountability Act (HIPAA).
The ARRA has had a significant impact on the healthcare industry. The HITECH Act has led to a significant increase in the adoption of electronic health records (EHRs). As of 2015, nearly 80% of hospitals and 55% of physicians had adopted EHRs, up from less than 10% of hospitals and less than 20% of physicians in 2009. The ARRA has also had a positive impact
Which is part of the American Recovery and Reinvestment Act ARRA of 2009? The American Recovery and Reinvestment Act (ARRA) of 2009 includes provisions to promote the development of the smart grid in the United States. The ARRA provides funding for research, development, and demonstration projects related to the smart grid, and it establishes a Smart Grid Investment Grant program to provide financial assistance to utilities and other entities for the deployment of smart grid technologies.
Who does the ARRA provide funds for?
The American Recovery and Reinvestment Act (ARRA) of 2009 provides funding for a variety of initiatives related to the "smart grid," including investment in modernizing the electric grid, establishing standards for interoperability, developing a workforce for the smart grid, and conducting research and development (R&D) on smart grid technologies.
In terms of investment, the ARRA provides $3.4 billion in funding for the Department of Energy (DOE) to modernize the electric grid. This funding is to be used for a variety of purposes, including:
• Upgrading the grid to handle two-way flow of electricity and information
• Enhancing grid security
• Improving grid efficiency and reliability
• Enabling the integration of renewable energy sources
• Developing new technologies and tools for managing the grid
In addition, the ARRA provides $560 million in funding for the DOE to establish standards for interoperability of smart grid devices and systems. This funding is to be used to:
• Develop and implement standards for interoperability of smart grid devices and systems
• Support the testing and certification of smart grid devices and systems
• Conduct R&D on new technologies to improve the interoperability of smart grid devices and systems
The ARRA also provides $500 million in funding for the Department of Labor (DOL) to develop a workforce for the smart grid. This funding is to be used to: