Posts tagged ‘economy’
As you know, the Federal Government is spending. Yesterday President Obama signed the American Recovery and Reinvestment Act, a $787 billion stimulus package. According to the President, “It’s an investment that will create jobs building 21st century classrooms, libraries, and labs for millions of children across America.”
Of interest to me is $53.5 billion State Fiscal Stabilization Fund (down from the $79 billion originally proposed). This money is being given to state governments to make-up shortfalls in spending on education and government services. I for one will be sending e-mails to my state representatives asking that they continue to fully fund the NJ Knowledge Initiative and provide some of this money for public libraries in New Jersey. (To find your NJ representatives, this is a really handy site: http://www.njleg.state.nj.us/members/legsearch.asp).
For complete breakdown of the package and how it impacts libraries, the ALA has set up a very helpful webpage. I look forward to learning more about the specifics of the package and how it can help my library and my community, as well as all libraries.