1. Implementing the Recovery Act: Getting Texas Its Moneys’ Worth

2. How did we get here? Where is “here”? What’s next?

4. 2008/2009 September 15, 2008: Collapse of Lehman Brothers October 3, 2008: Troubled Assets Relief Program January 28, 2009: Houses passes ARRA February 10, 2009: Senate passes ARRA February 17, 2009: President Obama signs ARRA into law July 1, 2009: Cash for Clunkers program begins November 6, 2009: Unemployment rate hits 10 percent nationwide

5. House: Senate: $820 billion$838 billion American Recovery and Reinvestment Act $787 billion

8. Where are we now? State Budget

10. + $3,167343,693 $15,226,131,308

12. Where are we now? State Budget Jobs

13. Source: Recovery.gov

15. Where are we now? State Budget Jobs Programs

16. Criminal Justice/Public Safety Victim Assistance/Victim Compensation Domestic Violence Internet Crimes Against Children Violence Against Women Disaster Preparation Firefighting

17. Criminal Justice/Public Safety Law Enforcement: $213 million – Governor: $91 million – Cities: $87 million Hundreds of officers for the next three years – Counties:$5.6 million

18. Education Teacher Bonuses  Textbooks  Pell Grants & Work-Study  And much more… $7.1 billion total

19. What’s Next? Better Data Assessment New Stimulus? Focus on Issue Areas