Commerce Department Receives $7.9 Billion in Recovery Act Funding Essential to U.S. Job Creation and Economic Growth
The U.S. Department of Commerce will receive $7.9 billion to create and save jobs for American workers as part of the historic economic stimulus bill recently signed by President Barack Obama.“The American Recovery and Reinvestment Act is the most sweeping economic recovery package in our history,” said President Obama, noting it will create or save 3.5 million jobs over the next two years. “We have begun the essential work of keeping the American Dream alive in our time.” (More) (Commerce ARRA 2009 Webpage)