Reports by Michael Leachman
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New CBO Report Finds Recovery Act has Preserved or Created up to 1.6 Million Jobs
December 3, 2009
View the most recent version of this report: New CBO Report Finds Hundreds of Thousands of People Still Owe Their Jobs to the Recovery Act Updated May 29, 2012 A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) had preserved or created between 600,000 and 1.6 million jobs as of … -
Recent GAO Report on Recovery Act’s Jobs Impact Widely Misunderstood
Updated December 1, 2009
Many observers have misread a November 19 report from the Government Accountability Office (GAO) examining the government’s claim that the part of this year’s American Recovery and Reinvestment Act (ARRA) consisting of grants, contracts, and loans has created or saved roughly 640,000 jobs to date.[1] Some observers have … -
The Administration’s October 30 Data Release on Jobs Created by the Economic Recovery Law: What it Told Us and What it Didn’t
Revised November 25, 2009
The Obama Administration’s October 30 release of data on jobs created and saved by the American Recovery and Reinvestment Act (ARRA), which the Administration and Congress enacted early this year, captured only a portion of the jobs created and saved due to ARRA’s limited reporting requirements. According to the Government Accountability Office, ARRA’s reporting system …
