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In the face of an economic crisis, the magnitude of which we have not seen since the Great Depression, the American Recovery and Reinvestment Act represents a strategic -- and significant -- investment in our country's future.
The Act will save and create three to four million jobs, 90 percent of them in the private sector. It will provide more than $150 billion to low-income and vulnerable households -- spurring increased economic activity that will save and create more than one million jobs. - Recovery.gov [read more]