Report Shows The Recovery Act Creates Jobs and Changes Lives for the Better

The American Recovery and Reinvestment Act is a driving force in job creation and economic renewal in rural America. 

Earlier today, I released a report (pdf) outlining how funds allocated to seven programs administered by USDA Rural Development have sparked economic growth,  created or saved over 300,000 jobs, and funded projects in almost 3,000 counties. USDA staff approved 95,000 loans, made 2,500 grants and assisted 2,000 rural businesses with loan guarantees.  We also assisted 93,000 American families close home loans, either by guaranteeing a loan from a lending institution or making a loan through our direct program.  We approved Internet projects that will provide an estimated 7 million people, many of them in remote areas including Tribal lands, access to improved state-of-the-art broadband service.
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Carl Levin Carte Goodwin Chuck Grassley Chuck Hagel Chuck Schumer