Event Summary
The American Recovery and Reinvestment Act, signed by President Barack Obama in February 2009, provides a mix of financial assistance for hard-hit families and businesses, infrastructure and technology investments and tax cuts designed to help put the U.S. economy back on a path toward long-term economic growth. As the chief Administration official entrusted with the implementation of the stimulus plan, Vice President Joe Biden has a unique perspective on the accomplishments of the program during its first six months as well as the work that lies ahead.
Event Information
When
Thursday, September 03, 2009
10:00 AM to 11:00 AM
Where
Falk Auditorium
The Brookings Institution
1775 Massachusetts Ave., NW
Washington, DC
Map
On Thursday, September 3, the Brookings Institution hosted the Vice President for a discussion of the current economic situation and the status of the recovery plan. The Vice President, formerly a long-time Senator from Delaware, shared the administration’s top-level view of the Recovery Act and the future of the nation’s economy.
Brookings President Strobe Talbott provided introductory remarks. After the program, Vice President Biden fielded audience questions.
Transcript
VICE PRESIDENT BIDEN: Two hundred days ago, President Obama signed into law the third piece of our economic plan: the American Recovery and Reinvestment Act. And today there's a growing consensus: The Recovery Act is, in fact, working. Don’t just take my word for it. Analysts from Moody’s to IHS Global Insight, to the Economic Policy Institute and others all estimate the Recovery Act has created or saved between 500,000 to 750,000 jobs.
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Participants
Introduction
President, The Brookings Institution
Featured Speaker
The Honorable Joe Biden
Vice President of the United States of America