LBJ In the Arena: May 6, 2020
The largest economic recovery legislation in history (CARES Act) just passed and more funding is expected. The question now is how do you spend the stimulus funds. To answer this question we turn to Edward DeSeve, President Obama's special advisor who oversaw the successful implementation of the 2009 American Recovery and Reinvestment Act (ARRA). DeSeve joins the LBJ School's Martin Luby to discuss lessons learned about vast challenges of implementing his scope of recovery funding from the great financial crisis of 2007–08.
Luby and DeSeve's conversation included a presentation: Now the Hard Work Begins: Implementing Trillions of Dollars in Economic Recovery Funds.
Deeper Dive | Additional Reading & Viewing
Deeper Dive
Key Actions That Contribute to Successful Program Implementation: Lessons from the Recovery Act
IBM Center for the Business of Government, 2012
Less than a month after taking office, President Obama signed the American Recovery and Reinvestment Act, a $787 billion piece of legislation that provided temporary dollars to 28 agencies through more than 200 programs. This was equivalent to doubling domestic discretionary spending over the following year. The Recovery Act also set tight deadlines—70 percent of the money had to be committed by Sept. 30, 2010 or it would expire. It also contained a number of unprecedented transparency and accountability provisions as well as a number of new programs that would have to be designed and deployed, often with few additional staff resources. ... So how did federal agencies manage this massive implementation challenge?
Managing Recovery: An Insider's View
IBM Center for the Business of Government, 2011
After the American Recovery and Reinvestment Act (H.R. 1) passed, President Obama and Vice President Biden acted swiftly and created a management structure that relied on innovative processes and technologies. Central to the success of recovery implementation was a series of key decisions and deadlines set to ensure that the purposes of the Act were swiftly and effectively implemented while minimizing the instances of waste, fraud, and abuse. This report outlines primary lessons from the implementation of the Recovery Act and lessons for how public leaders can address major, governmentwide challenges in the future.
The CARES Act works for all Americans
U.S. Department of the Treasury, 2020
The CARES Act provides fast and direct economic assistance for American workers and families, small businesses, and preserves jobs for American industries. Details about the $2 trillion relief package, assistance for worker, families and small businesses, preserving jobs and assistance for state and local governments.
Additional Reading & Viewing
Governing Under Stress: The The Implementation of Obama's Economic Stimulus Program
Timothy J. Conlan, Paul L. Posner, and Priscilla M. Regan, editors. Georgetown University Press, January 2017
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Bonus Interview: GAO: Holding the $2 Trillion Stimulus Package Accountable
LBJ Professor and public management scholar Donald Kettl talks with Christopher Mihm, managing director of strategic issues for the Government Accounting Office (GAO). They discuss changing strategies for policy evaluation, the lessons of the 2009 Recovery Act as they relate to today's efforts to handle the $2 trillion (and counting) stimulus package.