Information on US Stimulus Bill......very long..

Posted by fayeroe on February 16, 2009, at 12:01:30

THE STIMULUS PLAN: HOW TO SPEND $787 BILLION
By FARHANA HOSSAIN, AMANDA COX, JOHN McGRATH and STEPHAN WEITBURG
New York Times
February 14, 2009
A detailed look at the final package passed by Congress, based on
estimates by House and Senate committees and the Congressional Budget
Office.
New tax credit for workers: » $116.2 billion
Health/Aid to States: Help states with Medicaid cost $87.1
billion
Tax Cuts for Individuals: Extend patch for the alternative minimum
tax » $69.8 billion
Education and Job Training/Aid to States: Help states prevent cuts
to essential services like education » $53.6 billion
Unemployment: Extend and increase unemployment compensation »
$35.8 billion
Transportation: Provide money for highways and bridge »
$27.5 billion
Health/Unemployment: Health coverage under Cobra » $25.1
billion
Aid to Individuals Increase food assistance: » $20.9
billion
Health: Incentives to Medicaid and Medicare providers to adopt
health information technology $17.2 billion
Education and Job Training/Aid to Individuals: Increase the
maximum Pell Grant by $500, from $4,850 to $5,350 $15.6 billion
Tax Cuts for Individuals: Expand eligibility for Child Tax Credit
» $14.8 billion
Aid to Individuals: Provide cash payment to seniors, disabled
veterans and other needy individuals » $14.4 billion
Tax Cuts for Businesses/Energy: Expand tax incentives for
renewable energy facilities » $14.0 billion
Education and Job Training/Tax Cuts for Individuals: Expand higher
education tax credits » $13.9 billion
Education and Job Training: Provide additional money to schools
serving low-income children » $13.0 billion
Education and Job Training: Provide additional money for special
education » $12.2 billion
Energy: Modernize the electric grid » $11.0 billion
Aid to States/Education and Job Training: Create new bonds for
improvements in public education » $10.9 billion
Health/ Science and Research: Provide additional financing to the
National Institutes of Health for research and infrastructure »
$10.0 billion
Transportation: Invest in rail transportation » $9.3
billion
Transportation: Invest in public transit » $8.4 billion
Housing/Tax Cuts for Individuals: Incentive for first-time
homebuyers » $6.6 billion
Aid to States: Incentives for economic recovery in distressed
areas » $6.5 billion
Energy: Provide grants to cities, counties and states to increase
energy efficiency $6.3 billion
Energy: Provide additional financing for Innovative Energy Loan
Guarantee program » $6.0 billion
Environment: Clean up sites formerly used by the Defense
Department $6.0 billion
Environment: Finance local water projects » $6.0 billion
Tax Cuts for Businesses: Extension of bonus depreciation »
$5.9 billion
Energy/Aid to Individuals: Increase financing for home
weatherization program » $5.0 billion
Unemployment: Exempt unemployment compensation » $4.7
billion
Tax Cuts for Individuals: Increase Earned Income Tax Credit»
$4.7 billion
Infrastructure: Provide additional money to the Army Corps of
Engineers » $4.6 billion
Energy: Increase energy efficiency in federal buildings
$4.5 billion
Infrastructure: Create new program to expand broadband access »
$4.5 billion
Aid to States: Create a tax credit bond option for state and
local governments » $4.3 billion
Aid to States/ Unemployment: Give states aid to properly
administer unemployment compensation » $4.2 billion
Infrastructure: Make military facilities more energy efficient
$4.2 billion
Aid to States: Provide additional financing for state and local
law enforcement » $4.0 billion
Energy/Infrastructure/Housing: Repair and modernize public housing
units $4.0 billion
Education and Job Training: Finance job training programs »
$4.0 billion
Energy: Invest in fossil energy » $3.4 billion
Tax Cuts for Businesses: Expand deduction limits for banks buying
bonds » $3.2 billion
Tax Cuts for Businesses: Provide tax break to General Motors »
$3.2 billion
Infrastructure: Repair and improve facilities on public lands and
parks $3.1 billion
Science and Research: Provide additional financing for the National
Science Foundation » $3.0 billion
Infrastructure: Provide additional money to the Department of
Homeland Security » $2.8 billion
Aid to States: Increase block grants for welfare program »
$2.7 billion
Energy/ Science and Research: Conduct energy efficiency and
renewable energy research $2.5 billion
Infrastructure/ Rural Assistance: Provide additional financing to
improve communications in rural areas » $2.5 billion
Housing: Help states and local governments acquire and repair low-income
housing » $2.4 billion
Health Infrastructure: Improve Defense Department facilities
related to the quality of life » $2.3 billion
Education and Job Training: Increase financing for Head Start and
Early Head Start » $2.1 billion
Energy/Tax Cuts for Individuals: Increase tax credits for residential
energy efficiency improvements » $2.0 billion
Energy/Tax Cuts for Individuals: Incentive for alternative vehicle
» $2.0 billion
Health: Provide additional financing for the Office of the
National Coordinator for Health Information Technology $2.0
billion
Housing: Make full-year payments to owners receiving Section 8
housing vouchers $2.0 billion
Aid to Individuals : Provide additional child care » $2.0
billion
Energy: Support battery manufacturing » $2.0 billion
Housing: Redevelop abandoned and foreclosed homes $2.0
billion
Health/Infrastructure: Finance renovations and technology upgrade at
community health centers $2.0 billion
Energy/Science and Research: Provide additional financing for
science and research at the Department of Energy » $2.0 billion
Tax Cuts for Individuals: Incentive for car buyers » $1.7
billion
Tax Cuts for Businesses; Energy Incentive for advanced energy
investment » $1.6 billion
Tax Cuts for Businesses Delay recognition of certain cancellation
of debt income » $1.6 billion
Aid to States; Unemployment Expand Trade Adjustment Assistance
program » $1.6 billion
Housing/Reduce homelessness » $1.5 billion
Transportation: Invest in local transportation projects »
$1.5 billion
Aid to States; Energy Authorize more state and local bonds for
energy-related purposes » $1.4 billion
Environment; Rural Assistance Finance rural water and waste
facilities » $1.4 billion
Transportation: Invest in air transportation » $1.3 billion
Health: Extend Transitional Medical Assistance program »
$1.3 billion
Environment: Finance national environmental cleanup » $1.2
billion
Health/Infrastructure: Construct and repair veterans' hospitals
and cemeteries $1.2 billion
Science and Research: Compare the effectiveness of medical
treatments » $1.1 billion
Health: Prevent cuts to health care providers » $1.0
billion
Environment/Rural Assistance: Provide water to rural areas and
Western areas impacted by drought $1.0 billion
Health/Science and Research: Make grants to help prevent disease »
$1.0 billion
Science and Research: Provide additional financing for the
National Aeronautics and Space Administration » $1.0 billion
Other: Modernize Social Security Administration » $1.0
billion
Aid to States: Help states collect child support » $1.0
billion
Housing: Provide additional financing for Community Development
Block Grants » $1.0 billion
Other: Provide money for 2010 census $1.0 billion
Tax Cuts for Businesses: Expand net operating loss carry-back
provision for small businesses » $947 million
Science and Research: Provide additional financing for the
National Oceanic and Atmospheric Administration » $830 million
Tax Cuts for Businesses: Expand tax break for small business stock
sales » $829 million
Education and Job Training: Finance technology upgrades in schools
» $650 million
Aid to Individuals: Provide coupon to convert to digital
televisions » $650 million
Aid to States: Help states find housing and jobs for disabled
people » $640 million
Aid to States: Repeal alternative minimum tax on private activity
bonds » $555 million
Aid to Individuals: Help defense employees sell homes »
$555 million
Health: Extend Qualified Individual Program » $550 million
Education and Job Training;/Aid to States: Help states and local
school districts track student data and improve teacher quality »
$550 million
Energy/Infrastructure/Housing: Repair and modernize about 4,200
Native American housing units » $510 million
Education and Job Training/Aid to States: Unemployment Help states
find jobs for unemployed workers $500 million
Education and Job Training/Health: Train primary health care
providers, including doctors and nurses » $500 million
Education and Job Training/Energy/Unemployment: Train workers for
careers in energy efficiency and renewable energy fields $500
million
Health: Improve health services to American Indians and Alaska
natives $500 million
Tax Cuts for Businesses: Reduce holding period for taxation of
companies that convert into S corporations » $415 million
Energy/Aid to States: Provide grants to states for
energy-efficient vehicles and infrastructure » $400 million
Energy/Aid to Individuals: Provide consumers rebates for
energy-efficient appliances $300 million
Energy: Replace older vehicles owned by the federal government
with hybrid and electric cars $300 million
Aid to States: Delay withholding tax on payments » $291
million
Aid to States: Modify speed requirements for use of bonds to finance
high-speed rail » $288 million
Tax Cuts for Individuals/Energy: Expand tax incentives for
residential renewable energy properties » $268 million
Energy; Housing Improve energy efficiency in government-subsidized
apartment buildings $250 million
Infrastructure; Other Finance improvements to Agriculture
Department infrastructure » $249 million
Health; Aid to Individuals Other Medicaid expansions » $239
million
Other: Provide government agencies money for oversightMORE »
$233 million
Tax Cuts for Businesses: Provide incentive for hiring
disadvantaged workers » $231 million
Tax Cuts for Businesses: Expand use of industrial development
bonds » $203 million
Housing/ Hope Aid to Individuals; Rural Assistance Provide loans
for rural homeowners » $200 millio
Education and Job Training: Provide additional money for College
Work-Study program $200 million
Other: Expand national service program » $200 million
Tax Cuts for Individuals; Transportation Equalize mass transit and
parking benefits » $192 million
Rural Assistance: Provide loans for rural businesses » $150
million
Infrastructure/Rural Assistance/Aid to States: Provide loans for
rural developments » $150 million
Tax Cuts for Businesses: Prohibit recollection of tariff payments
» $90 million
Aid to Individuals; Aid to States Help states provide services to
homeless children » $70 million
Aid to States: Allow state housing agencies to claim Treasury
Department grants » $69 million
Energy/Tax Cuts for Businesses Incentive for alternative fuel
pumps » $54 million
Tax Cuts for Businesses: Allow more small business deductions »
$41 million

Thread

Information on US Stimulus Bill......very long.. fayeroe 2/16/09
Reminder - 3-consecutive thread guideline » fayeroe Deputy 10derHeart 2/17/09
Lou's request to the administrator-whtkndofrulamI » Deputy 10derHeart Lou Pilder 2/19/09
Lou's request to the administrator-whtwedntnotice? Lou Pilder 2/19/09

Post a new follow-up

Notify the administrators

Start a new thread

poster:fayeroe thread:880482
URL: http://www.dr-bob.org/babble/poli/20081212/msgs/880482.html