Focusing on the impact Michigan will feel as a result of the stimulus package -- the American Recovery and Reinvestment Act (ARRA) -- that President Obama signed into law on February 17, Governor Granholm and her staff have assembled an online resource that lays out the details, answers questions, and provides links that allow citizens to dig deeper to uncover additional information. As such, I've selected the Michigan Recovery & Reinvestment Plan pages (at Michigan.gov) as the "Arresting Site of the Month" for March. Now, these pages are not an individual "site," per se, but as they help clarify and demystify the stimulus package, I feel strongly they merit this monthly award.
Check out the tax cuts for Michigan families, which include the suspension of taxation of unemployment benefits and the deduction for sales tax on automobile purchases. Also see the tax benefits for Michigan businesses, among them bonus depreciation and expanded small business expensing. There also is a page that focuses on grant information.
Also note the link near the bottom of the page to Recovery.gov, which gives a national snaphot of the package, including the State-By-State Jobs Impact and ARRA Summary and Funding Breakdowns.
Hopefully, these pages will help us all better understand this complicated matter. I'll announce the next Arresting Site or Blog of the Month on Monday, April 6. Please submit candidates for that award by Monday, March 30. Thanks.
