National Press Club

Economic Stimulus Legislation

February 19, 2009

About This Video

Run time: 1 minute

The panel talked about the potential impact of the $787 billion American Recovery and Reinvestment Act of 2009 on state and local governments. They talked about the mechanisms of money allocations to the state programs and the restrictions that states had in spending the stimulus funds, including statements on the regulatory scheme for ensuring correct usage of the funds. The panel answered questions from the audience. The panelists collectively briefed the National Governors Association after their presentation.