The second quarterly report on the economic impact of the American Recovery and Reinvestment Act of 2009 prepared by the Council of Economic Advisers has been released by the White House.  The report indicates that by the end of 2009, $263 billion of the total $787 billion included in the Act, or about one-third of the total, has been outlayed or received as tax cuts. 

Estimates also conclude that the American Recovery and Reinvestment Acthas added 3 or 4 percentage points to the real GDP, as well as having added or saved 1 and a half to 2 milliion jobs over 2009.

Take a look at the report in full here.