Congressman Sam Farr * California’s 17th Congressional District
The National Recovery:
- Cut taxes for 95 percent of working families through the Making Work Pay tax Credit – that’s $37 billion in tax relief for 110 million working families in 2009.
- Made loans to over 42,000 small businesses through the Recovery Act, providing them with nearly $20 billion in much-needed capital.
- Made multi-billion dollar investments in innovation, science and technology that are laying the foundation for our 21st century economy including:
- More than $50 billion to help prevent cuts to Medicaid programs across the country.
- Nearly $60 billion in funding for education – a move that governors say is already responsible for creating and saving over 300,000 education jobs.
Recovery on the Central Coast:
- Over $250 million dollars of Federal Stimulus dollars for local projects and programs.
- $55.6 million to local schools and colleges in Santa Cruz, San Benito, and Monterey Counties.
- $5.1 million to emergency food and shelter programs to assist the locals hit hardest by the crisis.
- $26.6 million provided to local small businesses from the Small Business Administration.
- $41 million to road transit and other Central Coast transportation projects.
California’s Recovery
- $12.597 Billion for State Fiscal
Stabilization Fund, Highway
Infrastructure Investments, and
Workforce Investment Act.- $8.126 Billion for Unemployment
Insurance, Medicaid, and Temporary
Assistance for Needing Families (TANF)- $5.93 Billion to Research, Community
Health Centers, and Transit Capital Assistance.
Transparency and Accountability Earl E. Devaney was appointed by President Obama to serve as chairman of the Recovery Board. Twelve Inspectors General from various federal agencies serve with Chairman Devaney. The Board issues quarterly and annual reports to the President and Congress and, if necessary,“flash reports” on matters that require immediate attention. In addition, the Board maintains the Recovery.gov website so the American people can see how Recovery money is being distributed by federal agencies and how the funds are being used by the recipients.
Congressman Farr proudly represents California’s Central Coast, including Monterey, Santa Cruz, and San Benito Counties, in the United States House of Representatives. Congressman Farr was elected to Congress in 1993 and serves on the House Appropriations Committee. Congressman Farr voted for the American Recovery and Reinvestment Act (H.R. 1) on February 13, 2009. The Act was signed into law by President Barack Obama on February 17, 2009.
