The phrase
"federal stimulus" refers to a plan or action taken by the government to boost the economy during times of economic downturn. It usually involves spending money on various projects, programs, or tax relief to stimulate economic activity and help businesses and individuals recover from financial hardships.
Full definition
Common Core really took off, though, with the Race to the Top grant program that was part of the 2009
federal stimulus package.
State budgets this year face huge revenue losses, thanks to the recession and the end
of federal stimulus money.
The infusion of close to $ 2 billion
in federal stimulus funding prevented major cuts in many education programs.
In fiscal 2010, schools actually received more in state aid, helped by an additional $ 1 billion in
federal stimulus money.
The state also faces the loss of $ 5 billion of
federal stimulus aid, and its problems are compounded by reduced tax revenue during the economic downturn.
He's
used federal stimulus grants to pay teachers to create digital content that can be distributed for free to schools in the state.
The school benefits from the assistance of community partners and a grant funded
with federal stimulus money.
When scientists talk
about federal stimulus money for research, many focus on the approaching «cliff,» when funding will run out after 2 years.
Despite spending epic sums of money on the so - called «smart grid,» the electric power grid seems as stupid as it was before spending billions
in federal stimulus dollars.
Some people blame managers for failing to look ahead and budget carefully, in particular, for failing to plan for the predictable end
of federal stimulus funds.
The district is scheduled to receive $ 149 million in
federal stimulus funds, but only $ 11 million of this can go toward reducing the deficit.
Not only was state aid decreased, but the district also faced a loss of $ 82 million in
federal stimulus aid that expired that same year.
It is important to stress that not all these teachers were ultimately laid off, largely due to the influx of
federal stimulus money.
Adrienne Esposito, Executive Director of the Citizens Campaign for the Environment, said: «This is a terrific way for Long Islanders to benefit
from federal stimulus funds.
Couple that with the fact that the Obama administration's ambitious and very aggressive
federal stimulus plan will add more money into the economy, mostly through tax rebates that will go directly to consumers, and we should soon see growing consumer confidence.
Many of the ideas Duncan pushed states to adopt through Race to the Top, the $ 4 billion grant fund created by the 2009
federal stimulus law, come straight out of playbooks developed by Gates and other foundations.
The new hall will cost approximately $ 80,000, but much of that will be covered
by federal stimulus funds, as part of the project includes the installation of a new, 90 percent more energy - efficient lighting system which was designed by Rensselaer Polytechnic Institute.
«We face a significant challenge for next year,
as Federal stimulus dollars run dry and the city still suffers from the impacts of the national economic downturn,» Bloomberg said in a statement announcing the plan.
Utility executives and smart grid advocates agree that apart from the smart grid projects funded by $ 4 billion in
federal stimulus grants, most current smart grid investment is going into improving the efficiency, reliability and profitability of power supply, rather than reaching consumers directly.
The council questions Cuomo's claim that schools have received «tremendous» increase in funding over the past decade, noting, for example, that aid increased 1.9 percent in 2009 - 10 largely because
federal stimulus cash averted the need for layoffs that would have been caused by the $ 1.1 billion worth of cuts proposed by then - Gov.
The Ivanpah project has been identified as a «fast - track» priority by the BLM for
obtaining federal stimulus benefits for California under the 2009 American Recovery and Reinvestment Act (ARRA).
Additionally, there will be a 14 percent hole in the state's Education Cost Sharing (ECS) program
once federal stimulus funds evaporate in two years.
The project has also been identified as a «fast - track» priority by the U.S. Department of Interior for obtaining
federal stimulus benefits for California under the 2009 American Recovery and Reinvestment Act (ARRA).
By Sean Ryan The president of a sewer construction company near Milwaukee wants the city to spend
more federal stimulus money on sewer construction.
Adding back
temporary federal stimulus funds used to supplement state funds in each of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.
The press release did not indicate that half of the responding districts
accepted federal stimulus funds to deal with budget shortfalls.
When I interviewed him in Nashville, he chided his gubernatorial colleagues for relying too heavily
on federal stimulus money, saying, «An awful lot of states took that money and treated it as continuing money and not like one - time help.»
Advocates for the plan have hoped to
get federal stimulus money to help fund the project and are looking to elected officials, like the Borough President, for support.
Albany faces even larger deficits in the next two fiscal years, after the expiration of a temporary tax increase on the wealthy in the coming year and the end of
federal stimulus financing in the following year.
Four New York City affordable housing projects will be among the first to begin construction after
receiving federal stimulus funding.
The poster child for this critique was Colorado's EAGLE - Net, funded in 2010 with $ 100 million in
federal stimulus support.
If ending
Federal stimulus moderates the pace of economic growth, inflation fears will ease and long - term interest rates will edge back down, Hunt says.
Regardless of the final shape or size of
federal stimulus legislation, unless New York puts its fiscal house in order, increased federal assistance will only mask our current structural problems, not provide a permanent fix.
In addition to cutting the Department of Education's budget by $ 350 million, the plan replaces $ 853 million of
expiring Federal stimulus funding with city money.
Since Governor Paterson took office, New York has
utilized federal stimulus funds to strategically combat the fiscal crisis and lay the foundation for future economic growth and prosperity.
ALBANY, NY (10/25/2010)(readMedia)-- Governor David A. Paterson today announced that New York has completed the most
successful Federal Stimulus quarter to date.
«We received the last of the
significant federal stimulus funding in June, and the temporary PIT surcharge ends in the third quarter this year.
Oneida County Executive Anthony J. Picente, Jr., today voiced strong support for a proposal by Senator Charles Schumer to have county governments in New York State receive direct funding from the federal government as part of additional Medicaid funding for New York that will be included in the
upcoming federal stimulus package.
Phrases with «federal stimulus»