The document summarizes how the American Recovery and Reinvestment Act has benefited Florida's District 11 (Tampa Bay area) through various programs. It has provided funding for education, transportation infrastructure, housing, healthcare, research, ports, energy efficiency, and more. This has helped create jobs, save public sector jobs, and boost the local economy as Tampa Bay recovers from the recession. Experts agree that without the stimulus package, the economic downturn would have been worse.
A Critique of the Proposed National Education Policy Reform
Tampa Bay American Recovery and Reinvestment Act
1. American Recovery and
Reinvestment Act
Road to Economic Recovery
and Jobs for Tampa Bay Area
and You
2. Florida’s District 11 –
Tampa Bay’s Economic Anchor
Population:
639,295
Median Household Income:
$33,559
Tampa Bay’s Business Centers:
Port of Tampa, Convention Center,
Tampa International Airport,
University of South Florida,
University of Tampa, Area
Hospitals, Tropicana Field, Port
Manatee, Central Business
Districts
3.
4. American Recovery and Reinvestment Act
The Recovery Act aims to create and save 3.5 million jobs in response to
the unparalleled economic crisis of our generation
The American Recovery and Reinvestment Act boosted the country's real
GDP by up to 4.5 percent in the second quarter of 2010, and increased the
number of American jobs by as many as 3.3 million
Largest part of Recovery Act is tax cuts: Gave 95 percent of Americans an
immediate tax cut
Second largest part: Direct support to states and individuals
Final third: Community investments in transportation, infrastructure, clean
and renewable energy, health care, education, housing and more
5. Tax Relief for Families and Businesses
Making Work Pay Tax Cut: Larger paychecks were provided
immediately beginning April 2009 to about 95 percent of American
workers of up to $400 per worker ($800 per couple).
Child Tax Credit: Cuts taxes for more than 16 million families with
children through expansion of the child tax credit.
Earned Income Tax Credit: Expands the EITC by providing tax relief
to families with three or more children and increasing marriage penalty
relief.
College Tax Credit: Helps more than 4 million additional students
attend college with a new, $2,500 tax credit for families.
Pell Grants: Increases the maximum Pell Grant by $500, from $4,850
to $5,350 in 2009 and $5,550 in 2010.
COBRA: Eligible individuals pay only 35% of the full COBRA premiums
for health insurance coverage
6. Lower Taxes for
Middle Class Families
Tax bills for families in
2009 at the lowest level
since 1950 under President
Harry Truman
98 percent of families saw
their taxes decrease
Average tax refunds were
up 10 percent
The historic tax cuts for
middle-class families are
putting money back into
their wallets at a time they
need it most
7. Helping Small Businesses
Recovery Act targets $15 billion in tax relief to small
businesses
Establishes tax credits for small-businesses hiring,
recently discharged vets and out-of-work youth
Recovery Act will generate $21 billion in new lending and
investment for small businesses
Provides direct, interest free loans of $35,000 –
emergency lifeline for established but struggling small
businesses
Makes loans less expensive
10. Tampa Bay Area Schools, Students
Benefit from Recovery Money
Florida has received more than $4
billion for education
$700 million to Florida for Race to the
Top
USF, HCC students received $25
million in Pell Grants
Hillsborough County Schools
$17.5 million for Title I
$22 million for IDEA
Pinellas County Schools
$21 million for Title I
“I don’t know how we would have been able $15 million for IDEA
to open schools without the stimulus
Recovery Act saved and retained
money.” – Julie Janssen, Pinellas
approximately 800 jobs in Pinellas and
Superintendent 1,500 in Hillsborough
It “went straight to keep our heads above
water.” – MaryEllen Elia, Hillsborough
Superintendent
11. Head Start
Recovery Act invests
in early childhood
education
Hillsborough:
$12 million
Pinellas: $802,000
Lutheran Ministries’
Head Start: $86,000
12. Housing and Community Development
More than $100 million to Tampa Bay
region
Tampa Housing Authority received $38
million to revitalize downtown Central
Park while creating jobs, in addition to
funding for to renovate other housing
complexes
Neighborhood Lending Partners
received $50 million for housing
initiatives in Pinellas and Pasco counties
Redevelop hard-hit communities, create
jobs, purchase and rehabilitate vacant
homes
Pinellas County received $1.3 million to
provide short-term rental assistance to
those who have become homeless or
are facing homelessness
Tampa received more than $1 million for
CDBG for community centers
Additional $74 million for homeless
assistance grants throughout Tampa
Bay
13. Transportation – I-4/ Selmon
Crosstown Connector
$105 million
Creates almost 13,000 jobs
Provides vital relief to Tampa
Port and local businesses
Port of Tampa poised for
economic expansion
14. Transportation – I-4/ Selmon
Crosstown Connector
Completion Fall 2013
12-lane elevated
highway linking the
Selmon Expressway
and the Port of Tampa
with Interstate 4
“This project is the envy of the 1 mile long, but about
rest of the country,” U.S. 22 miles of pavement.
Transportation Secretary Ray
LaHood.
15. Transportation – U.S. 19 and More
$45 million in Recovery
Act funds for U.S. 19
Will create a significant
number of jobs and ease
traffic on congested road
$1.9 million for North Bay
Trail (1st Street) from 30th
Avenue North to 54th
Avenue North.
$314,000 for East Avenue,
Turner Street to Drew
Street, Bicycle Safety
Improvements
16. Transportation – HART and PSTA
HART receiving $15.2 million
$7.8 million on 29 buses and 2
vans. Ridership is up.
$1 million to extend streetcar
into downtown – in addition to
Castor $1 million appropriation
Bus stop shelters and benches
$15 million for Pinellas Suncoast
Transit Authority for capitol
projects and operating
Hybrid-electric replacement
buses, real-time bus information,
and passenger amenities
17. Transportation –
Our Region’s Airports
$16 million for Tampa International
Airport includes funding for security
enhancements and runway work
Creating hundreds of jobs
$5.4 million for St. Petersburg-
Clearwater Airport for terminal
renovations and improvements
Expected to create or retain 44 jobs
18. How Tampa Leads the Nation
Source: New York Times/ July 9, 2009
19. High-Speed Rail
More than $2.6 billion was
directed to Florida for high-
speed rail
Would have created more than
20,000 jobs
Civic, business and elected
leaders worked together to
save HSR and fought to keep
these jobs in Florida
Gov. Scott killed the initiative
20. Community Health Centers
$13 million to Tampa Bay area
Creates jobs for doctors, nurses and other
medical professionals
Allows centers to serve more patients
Construction money allowed Community
Health Centers of Pinellas to open
Women’s Health Center
New community health center open in
East Tampa
New clinic opened in North Tampa
Manatee County Rural Health Services
adding exam rooms and hiring medical
professionals
21. Research – Tampa Bay’s
High-Wage Jobs of the Future
Significant competitive research grants
through NIH and NSF
$25 million awarded to Moffitt Cancer
Center, supporting more than 400 jobs
Money will support cancer research
and M2Gen partnership with Merck
More than $24 million to University of
South Florida for research and to hire
faculty
College of Marine Science
researchers received grants to better
understand and monitor climate
change and environmental damage
Competing for more grant money
“There is no question that USF, that the
SRI received almost $500,000 for
stabilization funding, stopped a horrible research
year of cutting positions and cutting
people.”
– USF Vice President Michael Hoad
22. Tampa Bay’s Ports – Our Vital
Economic Engines
$12 million for improvements at
shipyards, pier reconstructions
and bulkhead replacement
Hundreds of jobs saved and
created
International Ship and Marine
Services, Tampa Ship, Gulf
Marine Repair
Riverhawk Marine, Diversified
Marine Tech, Port of Tampa
benefit
$1 million for Port security at
Port Manatee
23. Tampa Bay’s Water Infrastructure
City of Tampa received $23
million low-interest loan and
$2.5 million grant, which will
create 125 jobs
City replacing aging water
pipes downtown and on Davis
Islands
$3 million loan to Oldsmar to
build a new water treatment
plant
Promotes reliable
infrastructure, clean and
healthy Tampa Bay
24. MacDill Air Force Base
More than $12 million for repairs and
improvements to the runway and
sinkhole mitigation
Runway Rubber Removal &
Remarking -$339,000
Repair Asphalt Adjacent to Concrete
South Apron - $431,000
Repair North Apron Feature A36b -
$1,088,000
Repair North Apron Taxi Route -
$4,305,000
Repair South Apron Storm Drainage -
$6,027,000
Critical to the KC-135 tanker air
mobility mission
Col. Larry Martin says out of the $39
million available for Air Mobility
Command, MacDill Secured $13
million because “we were ready”
25. Energy Efficiency
Pinellas County Urban League
won $1.5 million in weatherization
money to upgrade homes
Recovery Act Weatherization
Assistance has supported more
than 200 jobs in Florida in the
second quarter of 2010
Energy Efficiency and
Conservation Block Grants to
cities and counties, including new Hillsborough County Courthouse Real-Time
solar panels at old county
courthouse Solar Monitoring – 10/28/2010 9:23 am
Energy audits, building retrofits,
reduce and capture greenhouse
gases, new street lights, for
government buildings
$18 million to Tampa Bay region
26. Investing in Solar Energy
In Arcadia, President Obama
announced $3.4 billion for “smart
grid” energy
$267 million for Florida, including
Lakeland, Miami and Tallahassee
DeSoto Next Generation Solar
Energy Center creating jobs
University of South Florida
involved in smart-grid work
Tampa-based Ultrasonic
Technologies receiving $1.4
million to lower cost of
photovoltaics
Solar energy is clean, plentiful
and affordable
Focus on creating a clean energy
economy
27. COPS – Keeping Us Safe
$4.7 million to St. Petersburg
Police Department, Bradenton
PD and Manatee County
Sheriff
Hire and retain 25 officers
Funding through Justice
Department’s COPS initiative
Provide salaries, benefits for
three years
Tampa also received FEMA
grant for assistance to
firefighters program
28. PaperFree Florida
University of South
Florida received $6
million
USF striving to be in
forefront of electronic
medical records initiative
PaperFree Florida
creates jobs and reduces
costly medical errors
29. From the Experts
“I think we’ve gotten to a point where it’s a self-sustaining recovery.” - David Wyss,
chief economist at Standard & Poor’s
“The U.S. recovery from the Great Recession continues, with business conditions
improving.” - William Strauss, senior economist, Federal Reserve Bank, Chicago
“I feel more confident … there’ll be no relapse.” - Stuart Hoffman, chief economist, PNC
Financial Services Group
“Consumers are showing extraordinary resilience. There’s a lot of pent-up demand
out there that is now being unleashed. The whole supply chain system is now being
revitalized.” - Bernard Baumohl, chief economist, Economic Outlook Group
“We would be in a measurably worse place if not for the stimulus. I don’t think it is
any coincidence that the great recession ended at precisely the same time that the
stimulus, and in this case when I say stimulus I am talking about the [American
Recovery and Reinvestment Act] ….was providing its maximum economic benefit.” -
Mark Zandi, chief economist, Moody’s Economy.com
“The weight of the evidence suggests that fiscal policy softened the impact of the
recession, boosting demand, creating jobs, and helping the economy start growing
again.” - James Surowiecki, The New Yorker
30. Recovery Act at Work:
More Jobs to Come
The Recovery Act has played
an essential role in changing
the trajectory of the economy.
It has raised the level of GDP
substantially in its first full year
of existence and has saved or
created approximately 3.3
million jobs. Johnnie Ruth Clarke Health Center
Midtown St. Petersburg
The tax relief and income
support provisions of the ARRA
alone account for roughly half
of the beneficial employment
benefits.
J.L. Young Apartment Complex, Tampa