By
Lisa A. Lori
and Esq.
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The economic stimulus package, known as the American Recovery and Reinvestment Act of 2009 (ARRA) was signed into law by President Obama on Feb. 17, 2009. The ARRA provides for stimulus spending initiatives for federal fiscal years (Oct. 1 through Sept. 30) 2009 through 2019. As estimated by the Congressional Budget Office, most of the economic stimulus spending will occur in fiscal year 2010. According to The Federal Times, for 2009 alone, the ARRA has resulted in a 13 percent increase in federal contract spending. However, even without the ARRA, the federal government wants and needs printers.
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Lisa A. Lori
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