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Sunday, February 15, 2009

Congress approves stimulus package

Congress signed off on a $787 billion economic-stimulus package Friday. The measure passed without any Republican support in the House and just three Republican votes in the Senate. The package is smaller than the one proposed by the White House, but President Barack Obama said it was "only the beginning" of a long-term effort to reinvigorate the economy.

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Sources: House Committee on Rules, Joint Committee on Taxation, Congressional Budget Office

CategoryDescriptionCost ($ millions)Total (Funds appropriated)Estimated outlays (Congressional Budget Office estimates of actual cost of programs)
FarmingRepairs, security improvements and rental payments at Department of Agriculture$24  
FarmingRepairs and security improvements at Agricultural Research Service$176  
FarmingSalaries for staff to modernize IT system at Farm Service Agency$50  
FarmingFunding for watershed and flood prevention projects$290  
FarmingFunding for watershed rehabilitation$50  
FarmingLoans to rural homeowners$200  
FarmingGuaranteed loans for rural community facility building$130  
FarmingGuaranteed loans for rural businesses$150  
FarmingGrants for rural waste and waste disposal$1,380  
FarmingBroadband grants to rural communities$2,500  
FarmingOversight of Department of Agriculture spending$25.5  
FoodExtra money for women, infants and children (WIC) special nutrition program$500  
FoodExtra commodities for food banks$150  
FoodAdult and child day care meals and snacks$100  
FoodCrop insurance reinstatement for farmers who failed to keep up with payments, emergency loans and grants to farmers$749  
Food13% increase in food stamp payments$19,991  
Farming & Food  $26,466$26,431
CommerceUrban industrial core and rural economic recovery programs$150  
CommerceExtra money for Census$1,000  
CommerceSalaries and expenses for program to create broadband inventory map of the country$350  
CommerceGrants to provide wireless and broadband infrastructure to communities, including public computer centers and sustainable adoption of broadband service$4,350  
CommerceCoupons, education and consumer support for digital to analogue converter box program$650  
CommerceOversight of Commerce Department spending$6  
ScienceNational Institute of Standards and Technology research, including research into technology with high-growth potential and program giving technology to small and mid-size manufacturers$220  
ScienceNIST facilities construction and maintenance backlog$360  
ScienceExtra money for National Oceanic and Atmospheric Administration facilities and research$230  
ScienceExtra money for NOAA satellite development including climate data sensors and modeling$600  
ScienceGrants to state and local law enforcement$2,225  
JusticeGrants to rural law enforcement$125  
JusticeGrants to law enforcement on southwest border$40  
JusticeGrants for victims compensation programs$100  
JusticeGrants for tribal law enforcement$225  
JusticeGrants for state and local law enforcement to pursue Internet sex offenders$50  
JusticeGrants to state and local law enforcement to hire extra police officers$1,000  
JusticeGrants for violence against women prevention and prosecution programs$225  
JusticeCosts of administering extra grant money$10  
ScienceNASA shuttle construction$400  
ScienceNASA climate research$400  
ScienceNASA aeronautics research$150  
ScienceNASA rebuilding of facilities damaged in 2008 floods$50  
ScienceNASA spending oversight$2  
ScienceNational Science Foundation research$2,500  
ScienceConstruction of new research equipment and facilities for NSF$400  
ScienceNSF education activities$100  
ScienceNSF spending oversight$2  
Commerce, Science & Justice  $15,920$15,810
DefenseRestoration and modernization of Defense facilities in U.S. and territories$3,840  
DefenseResearch and development of renewable energy generation for military$300  
DefenseImprovements and reparations to military medical facilities in U.S. and territories$400  
DefenseDepartment of Defense spending oversight$15  
Defense  $4,555$4,531
EnvironmentFlood control and water management construction, regulation and investigations$4,125  
EnvironmentMississippi River and tributary construction$375  
EnvironmentClean-up of 'brownfield' former industrial sites$100  
EnvironmentWater reclamation and reuse projects$1,000  
EnergyHome weatherization grants to low and middle-income families$5,000  
EnergyFunding for Energy Star program offering tax credits to consumers purchasing new, efficient appliances$300  
EnergyAdvanced batteries manufacturing grants$2,000  
EnergyEnergy efficiency grants to states and local governments$6,300  
EnergyTransport electrification grants$400  
EnergyFunding for states and local governments to buy efficient alternative fuel buses and trucks$300  
EnergyResearch and development of renewable and efficient energy technology$2,500  
EnergyLoan guarantees for standard renewables$4,000  
EnergyTransmission loan guarantees$2,000  
EnergyFossil energy research and development$1,000  
EnergyResearch into low-emission coal plants$800  
EnergyGrants for industrial carbon capture and energy efficiency improvement projects$1,520  
EnergyGrants for identifying sites to store carbon dioxide emissions$50  
EnergyGrants for training and research on safe storage of carbon emission\$20  
EnergyAdministration of funding program$10  
EnergyPhysics research including high-energy physics, nuclear physics and fusion energy sciences$1,600  
EnergyHigh-risk research into energy sources and energy efficiency$400  
EnergyCleanup of former nuclear sites$483  
EnergyUranium enrichment decontamination and decommissioning$390  
EnergyCleanup of former nuclear defense sites$5,127  
EnergyMoney for federal power marketing administrations in electric power transmission systems$6,500  
EnergyConstruction and repairs for federal marketing administration$10  
EnergyModernization of the electric grid$4,400  
EnergyTraining of electric grid workers$100  
EnergyOversight of Energy Department spending$15  
Environment & Energy  $50,825$50,775
GovernmentOversight of 'making work pay tax credit' and economic recovery payments$7  
GovernmentTreasury grants to community financial services and economic development groups$100  
GovernmentConstruction, repair and energy alterations to federal buildings and facilities$5,550  
GovernmentPurchase of fuel efficient vehicles for federal fleet$300  
GovernmentOversight of General Services Administration spending$7  
GovernmentCosts to Internal Revenue Service of providing health coverage help to workers laid off because of outsourcing overseas$80  
GovernmentFunding for Recovery and Accountability Transparency Board$84  
GovernmentSmall Business Administration loans to businesses$651  
GovernmentExtra money for SBA administration of loans$69  
GovernmentOversight of SBA spending$10  
Government  $6,858$6,707
Homeland SecurityFunding for departmental site security, IT infrastructure, furniture, fixtures and other costs for HQ$200  
Homeland SecurityOversight of Homeland Security spending$5  
Homeland SecurityConstruction, repairs and equipment for ports of entry to the U.S.$420  
Homeland SecurityPurchase and deployment of non-intrusive inspection systems for Customs and Border Protection$100  
Homeland SecurityTactical communications equipment for Customs and Border Protection$60  
Homeland SecurityBorder security fencing and technology$100  
Homeland SecurityImmigrations and Customs Enforcement information-sharing technology$20  
Homeland SecurityExplosive detection systems for airports$1,000  
Homeland SecurityFunding for Coast Guard acquisitions and construction, which cannot be used for pre-acquisition surveys or construction of a new polar icebreaker$98  
Homeland SecurityRepairing and removing bridges hazardous to marine navigation$142  
Homeland SecurityGrants for security upgrades to mass transit$150  
Homeland SecurityGrants for security upgrades to ports$150  
Homeland SecurityCompetitive grants to upgrade state and local fire stations$210  
Homeland SecurityExtra emergency food and shelter funding for homeless$100  
Homeland Security  $2,755$2,744
OutdoorsDeferred maintenance on federal lands$125  
OutdoorsPriority road, bridge and trail repairs$180  
OutdoorsWildland fire management$15  
OutdoorsWildlife refuge and fish hatchery construction, deferred maintenance, road maintenance and energy efficient visitors centers$280  
OutdoorsNational Park Service deferred maintenance$735  
OutdoorsPreservation grants for historically black colleges and universities$15  
OutdoorsRepairing facilities and equipment for USGS' seismic, volcano, monitoring and stream gages$140  
OutdoorsRepair of schools, detention centers, roads, bridges, housing, irrigation and dams on Indian reservations$490  
OutdoorsIndian guaranteed loans$10  
OutdoorsInterior spending oversight$15  
OutdoorsCleanup of hazardous and toxic waste sites$600  
OutdoorsCleanup of petroleum leaks from underground storage tanks$200  
OutdoorsLoans for communities to upgrade wastewater treatment systems and drinking water infrastructure$6,400  
OutdoorsEnvironmental Protection Agency spending oversight$20  
OutdoorsRenovation of forest roads, bridges and trails, remediation of abandoned mines, removal of barriers to fish and other critical habitat$650  
OutdoorsFire hazard reduction on federal and state lands$500  
Indian reservationsIndian Health Facilities construction, maintenance and equipment$347  
Indian reservationsIndian Health Facilities sanitation construction$68 
Indian reservationsIndian Health Services IT development and deployment$85  
ArtsSmithsonian Institution$25  
ArtsGrants to fund arts projects in non-profit sector$50  
Outdoors, Indian reservations, Arts  $10,950$10,545
LaborGrants to states for adult employment and training activities$500  
LaborGrants to states for youth training, including summer jobs$1,200  
LaborGrants to states for dislocated worker employment and training activities$1,250  
LaborGrants to states with highest unemployment numbers for employment and training$200  
LaborFunds to national reserve assistance for dislocated workers$750  
LaborTraining high-risk youth in construction job skills$50  
LaborCommunity service program for low-income over-55s$120  
LaborFunding for states' unemployment insurance and employment service agencies$400  
LaborExtra funds for department to manage enforcement of labor laws$80  
LaborOffice of Job Corps construction and modernization of residential facilities for at-risk youth$250  
LaborDepartment of Labor spending oversight$6  
Health and servicesRenovation and health IT purchases for community health centers$2,000  
Health and servicesTraining of nurses, primary care physicians, dentists to practice in underserved communities in the National Health Service Corps$500  
Health and servicesNational Institutes of Health biomedical research$9,500  
Health and servicesNIH buildings and facilities repairs and renovations$500  
Health and servicesFunding for research comparing effectiveness of treatments funded by Medicare, Medicaid and SCHIP$1,100  
Health and servicesGrants to states for childcare services for low-income working parents$2,000  
Health and services"Head Start" programs for low-income preschoolers$1,000  
Health and services"Early Head Start" programs for low-income infants$1,100  
Health and servicesGrants for community employment, food, housing and healthcare projects$1,000  
Health and servicesGrants to faith-based and community organizations$50  
Health and servicesGrants for elderly nutrition services including Meals on Wheels$100  
Health and servicesExtra money for Office of the National Coordinator for Health Information Technology$2,000  
Health and servicesFunding for community preventative health campaigns, vaccination programs, healthcare-associated infection reduction strategies$1,000  
Health and servicesFunding to improve IT security at the Department of Health and Human Services$50  
Health and servicesOversight of Department of Health and Human Services spending$17  
EducationFunding for 'Title I' education programs for disadvantaged children.$13,000  
EducationConstruction funding for school districts without a local property-tax base.$100  
EducationFunding for school computer and science laboratories and technology training for teachers.$650  
EducationFunding for services to homeless children including meals and transportation.$70  
EducationGrants for states to address teacher shortages$200  
EducationGrants for special education programs$12,200  
EducationGrants to states for vocational rehabilitation for disabled people$540  
EducationGrants to states for independent living centers and services for elderly blind people$140  
EducationIncrease in Pell Grant to $5,350 in 2009 and to $5,550 in 2010, and other increases to student aid$17,114  
EducationMoney to increase size of colleges' student aid funds$60  
EducationMoney for colleges' work-study programs$200  
EducationGrants for teacher training and professional development$100  
EducationFunding for grants for states to create systems tracking individual student data$250  
EducationDepartment of Education spending oversight$14  
VolunteeringExtra money for AmeriCorps volunteer programs$160  
VolunteeringExtra money for National Service Trust volunteer programs$40  
VolunteeringCorporation for National and Community Service spending oversight$1  
Social SecurityConstruction of new National Computer Center for Social Security Administration$500  
Social SecurityExtra money for Social Security Administration to process disability and retirement claim backlogs$500  
Social SecurityOversight of SSA spending$2  
Labor, Health, Education, Volunteering & Social Security  $72,564$71,271
OversightOversight of economic recovery package$25  
Oversight  $25$25
MilitaryArmy child development centers$80  
MilitaryArmy "warrior transition complexes"$100  
MilitaryNavy and Marine Corps troop housing$100  
MilitaryNavy and Marine Corps child development centers$80  
MilitaryNavy and Marine Corps energy conservation and alternative energy projects$100  
MilitaryAir Force troop housing$100  
MilitaryAir Force child development centers$80  
MilitaryDefense hospital construction$1,330  
MilitaryDefense energy conservation investments$120  
MilitaryArmy National Guard construction$50  
MilitaryAir National Guard construction$50  
MilitaryArmy family housing construction and repairs$38.439  
MilitaryAir Force family housing construction$96.561  
MilitaryPrograms for military homeowners facing mortgage problems$555  
VeteransImprovements to Veterans Affairs benefits administration, IT and claims processing$200  
VeteransRenovations and energy efficiency improvements to veterans medical facilities$1,000  
VeteransGrants for construction of state extended care facilities for veterans$150  
VeteransNational Cemetery renovations and repairs$50  
VeteransOversight of VA and military spending$1  
Military & Veterans  $4,281$4,246
StatePassport and training funding for State Department$90  
StateCreation of information management backup facility for State Department, funding for participation in cybersecurity program$290  
StateState Department spending oversight$2.0  
StateRepair and rehabilitation of flood control levees on Rio Grande, with remainder of money for IT investments at U.S. Agency for International Development$220  
State  $602$602
TransportationGrants for airport improvements$1,100  
TransportationUpgrades to Federal Aviation Administration power systems, air traffic control centers and towers and airport lighting, navigation and landing equipment$200  
TransportationGrants for highway improvements$29,000  
TransportationGrants to Amtrak$1,300  
TransportationGrants for capital investments in designated high-speed rail corridors$8,000  
TransportationPublic transit improvements and infrastructure investments$8,400  
TransportationGrants for investments and improvements to small domestic shipyards$100  
TransportationDepartment of Transportation spending oversight$20  
HousingRepairs and modernization of public housing projects$4,000  
HousingGrants to rehabilitate and improve energy efficiency on Native American housing programs$510  
HousingGrants for community and economic development projects$1,000  
HousingGrants for short-term help with rent and housing relocation for homeless families$1,500  
HousingEnergy efficiency retrogrades to low-income housing, including new insulation, windows and furnaces$2,250  
HousingFunds for communities to buy and rehabilitate foreclosed and vacant properties$2,000  
HousingFunds for building and rehabilitating low-income housing using green technology$2,250  
HousingGrants for removing lead-based paint in low-income housing$100  
HousingDepartment of Housing and Urban Development spending oversight$15  
HousingIncrease in government-sponsored mortgage provider conforming loan limits$50  
Transportation & Housing  $61,795$61,051
AidAid to states to balance education budgets, prevent cutbacks and modernize schools$40,600  
AidAid to states in form of bonus grants for meeting key performance measures in education$5,000  
AidAid to states for public safety and critical services$8,000  
Aid  $53,600$53,600
AidTax breaks for low-income housing investors$143  
Aid  $143$143
 SPENDING TOTAL $311,339$308,481
Individual tax cuts$400 payroll tax credit for workers earning up to $75,000; married couples filing jointly get $800 for income up to $150,000$116,199  
Individual tax cutsIncrease in earned income tax credit for working families with more than three children$4,663  
Individual tax cutsIncreased eligibility for refundable child tax credit, with all income over $3000 qualifying$14,830  
Individual tax cutsTax credit of up to $2500 for tuition and college expenses$13,907  
Individual tax cutsComputers and computer technology will qualify for inclusion in tax-advantaged savings plans$6  
Individual tax cutsA tax credit for first-time homebuyers increases from $7500 to $8000, and will not have to be repaid$6,638  
Individual tax cutsTaxpayers earning less than $125,000 can deduct sales and excise taxes paid on new cars$1,684  
Individual tax cuts$2400 of unemployment benefits will not be subject to federal income tax$4,740  
Individual tax cutsMiddle-income taxpayers get an exemption from the alternative minimum tax of $46,700 for an individual and $70,950 for a married couple$69,759  
Individual tax cuts  $232,426 
Business tax cutsBusinesses will be able to more quickly deduct the cost of investments in plant and equipment from their taxable income$5,074  
Business tax cutsBusinesses will be allowed to recover alternative minimum tax and research and development credits faster$805  
Business tax cutsSmall businesses will be allowed to write-off up to $250,000 of capital expenditures in the year of acquisition$41  
Business tax cutsUnprofitable small businesses with annual receipts of less than $15 million can recoup taxes paid in the past five years, up from two$947  
Business tax cutsCompanies will be allowed to defer taxes for five years on several transactions aimed at restructuring balance sheets, and repay the taxes over the following five years$1,622  
Business tax cutsBusinesses will be able to claim a tax credit for 40% of the first $6000 of wages paid to unemployed veterans or 16-25-year-olds hired$231  
Business tax cutsSmall businesses will be able to exclude 75% of the gain from the sale of some stock held more than five years$829  
Business tax cutsTaxable corporations converting into S corporations will have a 7-year holding period for assets subject to built-in gains tax, from 10 years$415  
Business tax cutsRestoring tougher rules on taxpayers claiming losses incurred by a company before they bought it is projected to raise money-$6,977  
Business tax cutsSome companies restructuring may not be subject to those tougher rules$3,163  
Business tax cuts  $6,150 
Manufacturing tax cutsManufacturing facilities producing "intangible property" such as patents can qualify for industrial development bonds$203  
Manufacturing tax cutsFacilities making advanced energy property may be able to claim a new 30% investment tax credit$1,647  
Manufacturing tax cuts  $1,850 
Economy tax cuts$10 billion "new markets tax credits" will be available for 2008 and 2009$815  
Economy tax cuts$25 billion of bonds for investment in economic recovery zones will be created$5,371  
Economy tax cutsTribal governments will have fewer requirements on their ability to issue tax-exempt bonds$315  
Economy tax cuts  $6,501 
Infrastructure tax cutsHigh-speed rail facilities for trains capable of going at 150 miles per hour will qualify for facility bonds$288  
Infrastructure tax cutsRules affecting state and local government bonds will be changed to improve marketability$3,789  
Infrastructure tax cutsA 3% withholding on payments to government contractors will be delayed for one year$291  
Infrastructure tax cuts$22 billion in new tax credit bonds for construction or repair of public schools$9,877  
Infrastructure tax cuts$2.8 billion of bonds for schools working with businesses$1,045  
Infrastructure tax cuts35% credit to bondholders for infrastructure bonds, 35% refundable credit to issuers of bonds$4,348  
Infrastructure tax cuts  $19,638 
Energy tax cutsExtending by three years the placed-in-service date for renewable energy investments$13,143  
Energy tax cutsInvestment credits in lieu of production credits for renewable energy purchases$285  
Energy tax cutsRemoval of cap on tax credits for purchase of small wind systems$604  
Energy tax cuts$1.6 billion extra allocation of clean energy bonds$578  
Energy tax cuts$2.4 billion extra qualified energy conservation bonds$803  
Energy tax cuts30% cap on tax credit for energy efficiency purchases by homeowners, up to $1500 per residence$2,034  
Energy tax cutsCredit for purchase of residential solar, geothermal, wind and fuel cells$268  
Energy tax cuts50% tax credit for purchase of alternative refueling stations$54  
Energy tax cutsTax credit for plug-in electric vehicle conversion$2,002  
Energy tax cutsEqualization of parking and transit tax-free employer benefits at $230 for 2009$192  
Energy tax cuts  $19,963 
Energy tax cutsGrants to states for low-income housing projects in lieu of credits$5  
 Grants to states for energy projects in lieu of credits$69  
Other tax cutsCustoms and Border Protection will not demand that U.S. lumber, steel and other companies repay money they were given from Canadian and Mexican import duties$90  
Energy & Other tax cuts  $164 
Individual aidOne-time payment of $250 for retirees, disabled people, SSI recipients, railroad retirees and disabled veterans$14,225  
Individual aidOne-time refundable tax credit of $250 for some government retirees not eligible for social security benefits$218  
Individual aid  $14,443 
 TAX CUTS TOTAL $301,135$288,339
Individual aidTwo-year extension of program providing income support and training benefits for workers who lose their jobs because of outsourcing overseas$1,600  
Individual aidExtension of jobless benefits for up to 33 weeks$26,960  
Individual aidIncrease in weekly unemployment benefits by $25$8,800  
Individual aidGrants for states modernizing unemployment compensation coverage among low-wage, part-time and other workers$2,975  
Individual aidWaiver on interest payments and accrual in interest on loans held by state unemployment trust funds$1,100  
Individual aidExtension of unemployment compensation by 13 weeks for railroad workers$21  
Individual aidAid to states to administer extended benefits$138  
Individual aidAid to states for temporary assistance to needy families payments (TANF)$2,418  
Individual aidExtra aid to states with high population group or increased poverty for TANF payments$319  
Individual aidExtra funding for child support enforcement$1,000  
Individual aidCosts of providing health coverage help to workers laid off because of outsourcing overseas$457  
Individual aid  $45,788$58,143
Individual aid65% subsidy for laid-off workers to continue paying premiums for former employer's health plan for nine months$24,749  
Individual aid  $24,749$24,677
Health careIncentive payments to hospitals and physicians who computerize medical-records systems$17,559  
Health care  $17,559$17,559
Health careFederal aid to states for Medicaid spending$90,044  
Health care  $90,044$90,042
 AID TOTAL $178,140$190,421
 TOTAL $790,614$787,241

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