The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation's infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.
Among the key purposes of the Recovery Act are preserving and creating jobs, spurring technological advances in science and health, and promoting economic recovery. NASA has an important role to play in achieving these purposes through the program and facilities investments it will make with Recovery Act funding. As NASA develops and begins implementing its plans, this site will be one of the Agency's primary ways for communicating NASA's plans, progress, and results.
The President and Congress are committed to spending these recovery dollars with an unprecedented level of transparency and accountability so Americans know where their tax dollars are going and how they are being spent. Meeting these commitments will require sustained focus by all of us at NASA, particularly in planning, awarding, managing, and overseeing the contracts and grants through which the objectives of the Recovery Act will be achieved.
Recovery.gov is a website that empowers Citizens to hold the government accountable for every dollar spent. NASA, along with every other federal agency, is required to provide spending and performance data on a weekly, monthly, quarterly, and as required basis.
We invite you to visit us regularly and hear about the exciting work NASA is doing to contribute to America's economic recovery.
By the end of April, NASA will be working with Congress and the Office of Management and Budget to finalize its Recovery plans. As these plans are approved and they are implemented, we will be posting the latest Agency Plans and Reports here.
The Administration's priorities entrust NASA with $1 billion for Recovery investments. Among the purposes for these funds indicated by Congress include:
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