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ended 12/18/11
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The three main points of this act are to
. To create new jobs and save existing jobs
.Spur economic activity and invest in long term growth
.Foster accountability and transparency in government spending's
Funding they are going to provide to achieve this
.Tax cuts for for working families and business
.Entitlement programs, such as unemployment benefits
.Funding for federal contracts, grants and loans
Effects of the ARRA
. Saved/Created 6 million jobs
. Raised GDP 2-3% -