Congressman Andrews Votes for Final Passage of Stimulus Bill
Today, Congressman Rob Andrews (D-NJ) voted for President Barack Obama's economic plan to save and create millions of jobs as the House faced final passage of the bill. The American Recovery and Recovery Act (H.R. 1), which is expected to save and create 3 to 4 million jobs over the next two years, will give our economy a jumpstart toward long-term growth. Not only will the bill provide 95 percent of American workers with an immediate tax cut, but it invests $787 billion in carefully-targeted programs to improve our nation's infrastructure, education, health care, and technology as an effort to stimulate job growth and transform our economy toward lasting success.
Earlier today, Congressman Andrews hosted a press conference to highlight the magnitude of the American Recovery and Recovery Act, specifically the bill's education programs. Under this legislation, there will be a $53.6 billon state stabilization fund to help states prevent cutbacks, layoffs, and create jobs by modernizing schools and colleges and meet other needs.
"School districts are going to get the largest investment of federal money in our country's history," said Congressman Andrews following the bill's final passage. "New Jersey will receive $1.34 billon in state stabilization funding geared to help prevent cutbacks, layoffs, and create jobs through developing and modernizing our schools."
Under this funding, there will be an additional $13 billion allocated for low-income school districts as well as $12.2 billion geared toward IDEA funding, benefiting special education and students with disabilities. The bill covers students of all ages, providing over $4 billion for early education programs such as Head Start and Child Care Development Block Grants. Additionally, college students will receive immediate aid through expanding access to Pell Grant scholarships and creating a new $2,500 tuition tax credit.
While our country faces increasing economic challenges, Congressman Andrews continues to support key legislation like the American Recovery and Recovery Act as an effort to withstand the current economic downturn.