VA stimulus spending is not only helping Veterans by upgrading and expanding facilities and services but also by putting Veteran-owned businesses to work. As of last month, VA had obligated a total of $1.811 billion (99 percent) of its American Recovery and Readjustment Act (ARRA) funds and made outlays totaling $976 million (54 percent) of its ARRA funds. Veteran-owned small business awards account for approximately 75 percent of all VA ARRA contracts and about 73 percent of those funds went to service-disabled Veteran-owned small businesses.
The National Cemetery Administration has obligated a total of $49,891,232.The Veterans Health Administration has obligated a total of $999,821,087. Obligations for State Extended Care Award Grants account for $148,288,138 in VA stimulus spending.
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