The American Recovery and Reinvestment Act of 2009 is an economic stimulus package enacted by the 111th United States Congress and signed into law by President Barack Obama on February 17, 2009.

The Act specifies that 37% of the package is to be devoted to tax cuts equaling $288 billion and $144 billion or 18% is allocated to state and local fiscal relief (more than 90% of the state aid is going to Medicaid and education). 45% or $357 billion is allocated to federal social programs and federal spending programs.

The unprecedented spending package signed into law by President Barack Obama on February 17th, with $787 billion spending and tax cuts, has major implications for healthcare, including individual providers, with $150 billion in new spending attached.

This report takes a look at President Obama’s plans for the U.S. healthcare and pharma sectors.


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38 pages

Publication Date : May 2009