Georgia Stimulus Plan
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Georgia Stimulus Plan
The Georgia Stimulus Plan is part of the national stimulus plan, also known as American Recovery and Reinvestment Act of 2009. On February 25, 2009 $339 million, part of the $6 billions that Georgia potentially will receive, was put into the state's account but Governor Sonny Perdue has not yet accepted it. Given over the course of three years $2.27 billion of the money would go toward Georgia Education.http://www.ajc.com/metro/content/metro/stories/2009/02/25/georgia_stimulus_money.html Part of the stimulus plan is a state fiscal-stabilization fund, which would go toward three main categories: restoring previous education cuts, prevent teacher layoffs, and modernize and repair public schools. The money would also aid Title I schools, special education, child care services, technology, grants for encouraging schools to close the achievement gap and for more efficient data systems. The plan would allow for Georgia schools to spend $497 per students – Georgia ranking number 28 in ...
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American Recovery And Reinvestment Act Of 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) (), nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S. Congress and signed into law by President Barack Obama in February 2009. Developed in response to the Great Recession, the primary objective of this federal statute was to save existing jobs and create new ones as soon as possible. Other objectives were to provide temporary relief programs for those most affected by the recession and invest in infrastructure, education, health, and renewable energy. The approximate cost of the economic stimulus package was estimated to be $787 billion at the time of passage, later revised to $831 billion between 2009 and 2019. The ARRA's rationale was based on the Keynesian economic theory that, during recessions, the government should offset the decrease in private spending with an increase in public spending in order to save jobs and stop further economic deterioration. The politics around the stimulus w ...
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Sonny Perdue
George Ervin "Sonny" Perdue III (born December 20, 1946) is an American veterinarian, businessman, politician, and university administrator who served as the 31st United States Secretary of Agriculture from 2017 to 2021. He previously served as the 81st governor of Georgia from 2003 to 2011; Perdue was the first Republican to hold the office since the Reconstruction era. Founder and partner in an agricultural trading company, Perdue served from 2012 to 2017 on the Governors' Council of the Bipartisan Policy Center in Washington, D.C. He is the second secretary of agriculture from the Deep South; the first was Mike Espy of Mississippi, who served under President Bill Clinton from January 1993 to December 1994. On January 18, 2017, President-elect Donald Trump announced that he would nominate Perdue to be United States Secretary of Agriculture, Secretary of Agriculture. His nomination was transmitted to the U.S. Senate on March 9, 2017. His nomination was approved by the Senate Agr ...
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New America (organization)
New America, formerly the New America Foundation, is a think tank in the United States founded in 1999. It focuses on a range of public policy issues, including national security studies, technology, asset building, health, gender, energy, education, and the economy. The organization is based in Washington, D.C. and Oakland, California. Anne-Marie Slaughter is the chief executive officer (CEO) of the think tank. In 2002 ''Newsweek''s Howard Fineman called New America a "hive of state-of-the-art policy entrepreneurship." New America has been characterized as "liberal" by the ''Pacific Standard'' online magazine, "left-leaning" by ''The Washington Post'' newspaper, and "left-of-center" by the Capital Research Center organization. History New America was founded in 1999 by Ted Halstead, Sherle Schwenninger, Michael Lind, and Walter Russell Mead as the New America Foundation. The organization is headquartered in Washington, D.C., United States, and also has an office in Oakland, C ...
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SPLOST
A special-purpose local-option sales tax (SPLOST) is a financing method for funding capital outlay projects in the U.S. state of Georgia. It is an optional 1% sales tax levied by any county for the purpose of funding the building of parks, schools, roads, and other public facilities. The revenue generated cannot be used towards operating expenses or most maintenance projects. Capital outlay projects Capital outlay projects are defined as major projects of a permanent, long-lived nature, such as land and structures. Among the projects explicitly included are road, street, bridges, police cars, fire trucks, ambulances and garbage trucks. Georgia law allows counties and municipalities complete discretion over the types of projects selected for SPLOST funding. While funds cannot be used for most maintenance, SPLOST law explicitly allows the expenditure of funds for maintenance and repair of roads, streets and bridges. Procedure Georgia's state sales tax is currently 4% (groceri ...
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