April 20, 2009
Signed into law by President Obama on February 17, 2009, the American Recovery and Reinvestment Act (The Act) is intended to spur a significant change in the nation’s economic downturn. While The Act includes federal tax cuts and domestic spending in areas such as health care, it also includes non-economic recovery items such as a study on the effectiveness of medical treatments, which was a part of longer-term plans.