WASHINGTON, DC – House Majority Leader Steny H. Hoyer (MD) released the following statement today on the Government Accountability Office report on the status of the American Recovery and Reinvestment Act:
“Today, the Government Accountability Office, the federal government’s top watchdog, released a report on the progress made by the American Recovery and Reinvestment Act in fighting the recession across America. The report, which examined programs in 16 states and the District of Columbia, is part of the unprecedented oversight to which the Recovery Act is being subjected. And its findings are encouraging: funds are reaching our communities ahead of schedule and project bids are coming in under budget—with taxpayers benefiting from the savings.
“In the jurisdictions surveyed, $11 billion has been directed to nearly 3,800 infrastructure projects, and $21 billion has been directed to education grants to improve our children’s schools. Recovery Act funds are helping states avoid crippling budget cuts, keeping teachers and other public servants employed, and putting Americans to work on vitally-needed projects, such as rebuilding bridges in Mississippi, improving fire safety at transit stops in Atlanta, and building a fleet of clean natural gas buses for Los Angeles County. The Recovery Act has been critical to stabilizing our economy, and I am hopeful that it will continue to create and preserve jobs as more funds hit local communities in the months ahead as scheduled.”