Economic Impact of the American Recovery and Reinvestment Act of 2009, Second Quarterly Report (Whitehouse.gov)
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1. As of the end of the fourth quarter of 2009, $263 billion of the total $787 billion included in the Act, or about one-third of the total, has been outlayed or received as tax cuts. If one includes spending that has been obligated but not yet outlayed, the fraction is over one-half.
Click here to read the entire report from the Council of Economic Advisers.
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